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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (41563)	4/27/1998 3:45:00 PM
From: donald sew	Read Replies (1) of 58727

Tom, Based on my system, the current rebound off of the intraday lows will not permit my technicals to signal CLASS 1 status tomorrow, based on the assumption that it will get to a CLASS 1 status before turning. Of course it could turn right now to the upside without ever becoming a CLASS 1 BUY, but in light of the bond closing near its low the probability is that this pullback is not over. Without seeing my charts and if we close here at negative 155, it appears that we will have at least one more full down day, so for now it looks like WED to rebound at the lows of the day. Will update latest tomorrow morning. Seeya

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