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Strategies & Market Trends : Tech Stock Options

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To: joe smith who wrote (44729)6/4/1998 8:41:00 AM
From: Patrick Slevin  Read Replies (2) of 58727
 
You have Globex up a bit.

I think the key break today would be last week's low of 75.50, I think it was. This would seem like an affirmation of lower prices.

Each week, recently, has posted a new low compared to the week before. Penetration of last week's low would hardly go unnoticed and "SHOULD" produce a fall off similar to yesterday's late spiral.
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