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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (52480)9/13/1998 8:58:00 PM
From: donald sew  Read Replies (2) of 58727
 
INDEX UPDATE
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The JAPAN market right now is not showing alot of strength, in light of it being at the previous lows. The N225 gapped up about 60 points at the open and now just went negative. Of course it is early and it could change, nevertheless it is not showing much strength at a point of retesting a previous low.

As previously indicated I would expect about a 2.5% bounce in order to show some strength being that it is retesting a low. This is not a good sign for the JAPAN market and is giving hints that it could now make lower lows, in the near future(within days, if not sooner). Getting that feeling that the N255 may have a DOJI/SPINNING TOP DAY, which is an indication of indecision.

Also the futures are not showing any strenght right now either, but we all know that can change on a dime.

seeya
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