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Strategies & Market Trends : Tech Stock Options

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To: Pierre J. LeBel who wrote (51529)	9/4/1998 2:02:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 58727

nope nope nope I am not convinced we are heading straight down from here...and they are really messing with the premium...of course not being convinced has been the problem I like playing MER as one substitute...I am going to get in next time it bounces.....well maybe... looks like Favors will be on at his regular time today on CNBC anyone familiar with this pattern? o: +David Plonk (26472 ) From: +carl hittle Friday, Sep 4 1998 1:20PM ET Reply # of 26520 David............do you see the megaphone? also called a reverse symetrical or expanding triangle for those not familiar with a megaphone ....it is part of an ABC UP from the 9/1 low....with A up starting at 9/1 low...after five waves up we went into a expanding triangle, a megaphone, which is the B wave down, C up will target 70+ S&P points up..starting now carl ------------- prem negative

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