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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (46863)6/25/1998 2:04:00 PM
From: Nemer  Read Replies (1) of 58727
 
Lisa --

here is what I've posted today and all of them are pretty well on the mark.....

at 11:26 ----->>>>the BBx said that SPX needed to penetrate 1141.75 pretty soon (now) or it will hold as resistance for a tad (30 min) ....or maybe longer --
currently trading at 1140.59


within 10-12 minutes more or less 1142 held and SPX headed south

at 12:23 ----->>>>the BBx signals have been altered some so the fairly large gap (1135/1142) is to reflect the trading range expected until the next signal ---
The 1141.75 that I'd posted earlier today is still a strong resistance point and should hold for another hour and a half , or longer ......


at roughly an hour from then the trading range listed was penetrated and SPX headed south

at 1:44 ------>>>>SPX 1134.50
currently trading at 1134. xx (waffing between . 20 and .35 )
BBx has it as new pivot point
time frame now


currently trading at 1133.58----

BBx has just sent next time frame potential forecast as right after bond close .......

hope this helps ------
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