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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (46593)6/23/1998 8:50:00 AM
From: peter n matzke  Read Replies (1) of 58727
 
Don, i am showing the NDX in an overbought condition. it has risen from a low of 1157.89 to 1263.93 high in 7 days...that's a substantial gain in my way of looking at things. if today is another strong day for the NDX, it may be time to look at puts for a short term trade.

put up a bollinger band with a 2% deviation
and a keltner channel with a 2.5% deviation
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