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Strategies & Market Trends : Tech Stock Options

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To: SE who wrote (44401)	6/2/1998 9:37:00 AM
From: donald sew	Read Replies (1) of 58727

Scott, Agree that there are plenty of bulls out there, the question is when are we going to break out of this trading range, which I orignally noticed back in April. I am still holding to my trading range of 8750-9300 and last week we tested the lower support at about 8770 on a intraday basis and from there the DOW zoomed upwards. As of right now I am not seeing any short-term hints of a breakout to the upside. It could come soon but so far - nada. As for the downside breaking 8750, there are more technical hints for this time but need further confirmation/signals. Seeya

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