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Non-Tech : Invest / LTD

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To: drsvelte who wrote (2950)	9/14/1998 9:43:00 PM
From: Thean	Read Replies (2) of 14427

Doc, no one will know where OSX will track tomorrow. Do not buy into any camp here. Only fools make predictions. The best one can have is probability, not a 100% this or that. Do always remember OS stocks are by nature neurotic. If OSX appears overbought now, how would one explain their straight decline for the past three months that resulted in more bottoms, oversold, screaming buys being called than I have ever seen anywhere? OSX hit its upper BB today and retreated. 207.95.154.130 Possible scenarios tomorrow include: 1. A rally that resulted in a close at the upper BB, kicking off an upper BB surfing. 2. Bounce even further away from the upper band and begin to head down as profit taking begin to get heavy. 3. Decline being supported at/near midline BB for 1-2 sessions, then bounce back up again. I would say the probability for scenario #2 is more likely at this point but what do I know? Only time will tell. Therefore, the best policy is to play it one day at a time without overcommitment one way or another. However, I remain attracted to LEAP call on some of these drillers, though they sure looked substantially more attractive last week.

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