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Strategies & Market Trends : Tech Stock Options
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To: The Perfect Hedge who wrote (52811)9/16/1998 11:26:00 AM
From: donald sew  Read Replies (1) of 58727
 
Beeble,

>>>>>>>>>>>> No dates.It was in 1990.From what I gather P&F is a bigger snapshot of what's going on and is not too good at short term.What this indicator tells me is that it is very unlikely that we will drop below 7400 now.I do think we need to pullback here now but after that we could start up strong again. <<<<<<<<<

That is more reasonable, but when you distributed the original note it gave the impression that we were back in an uptrend right from here with no pulling back.

As you know, I am leary of overly enthusiatic posts. It brings the emotions out of us, and Im a believer of the old saying that trading/investment decisions should not be made on emotions.

seeya
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