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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (48311)7/23/1998 1:24:00 PM
From: donald sew  Read Replies (5) of 58727
 
INDEX UPDATE INTRADAY
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Obviously the momentum is to the downside, but take a look at the size of the downtick swings. So far the tick has gotten down to negative 1200.

I am new at watching the tick, but I have heard that a strong downtick below 1000, at times, may be a buy signal to go long. For those who are more familiar with the TICK, please comment.

Seeya
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