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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (49436)8/6/1998 1:31:00 PM
From: donald sew  Read Replies (1) of 58727
 
Lisa,

Most of the morning the MOMO was relatively flat with some short-term bounces in both direction.

We just got our latest up-spike in the MOMO around 1:00. Here are the latest readings:
UP-MOMENTUM = .75
DOWN-MOMENTUM = .42

So for the near future (30-60 min), the bias is to the upside.

The market internals and some technicals are improving slightly, possibly enough to keep this bounce going a bit more.

Seeya
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