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Strategies & Market Trends : Tech Stock Options
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To: jjs_ynot who wrote (41414)4/27/1998 9:35:00 AM
From: donald sew  Read Replies (1) of 58727
 
Dave,

>>>What is everyone using for the buy point to close short positions and then to go long? The 50 dma?<<<

I will be looking for the bounce up tto occur when my technicals hit CLASS 1 BUY status, which in terms of time should be WED/THUR. My system is more based on time than it is moving averages.

What for the big drop day, which could be tomorrow, not even today. The big drop day has normally been followed by the bounce up.

Seeya
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