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Strategies & Market Trends : Tech Stock Options

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To: dennis michael patterson who wrote (50253)	8/19/1998 12:29:00 PM
From: Saulamanca	Read Replies (1) of 58727

Favors has been right so far, so I'm still a believer. I've been watching the trendline on the SPX from the highs on 4/22 and 6/23 and and the low on 8/3, which is about 1106.70 today. The 38 % Fib retracement from the high 1190.58 to the low 1055.08 is right there at 1106.57, right about where the market stalled today at 1106.32. --Jim

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