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Strategies & Market Trends : Tech Stock Options

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To: jjs_ynot who wrote (46460)	6/21/1998 9:40:00 PM
From: donald sew	Read Replies (4) of 58727

INDEX UPDATE ------------------------ Did some more analysis and experimenting with new analysis. I am not a bull or bear, just a technical analyst attemtpting to go after every ripple. With that said here are my projections and it does not look good. Please understand that the mid-longer term analysis is still in test stages. I am projecting within approximately 6-9 trading days the the DOW could approach the 8400-8450 range. That would put it around 6/29-7/2. Also am getting signals that we could approach 7600-7900 range as early as late summer. Lisa - I did not transpose the numbers this time. Per this analysis I am even getting hints of even greater negativity than 7600-7900, but will hold off for now until the major supports are broken. I am not pushing this analysis since it is still under test stages. Seeya

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