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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (52838)9/16/1998 2:54:00 PM
From: The Perfect Hedge  Read Replies (1) of 58727
 
Don and all..

Did some checking and discovered that the p&f'ers NYBP indicator gave a sell signal on May 13 when the Dow was about 9100.It took 2 months for the Dow to reach it's high at around 9300.Thus,the Dow could do the reverse now and give a reversal signal up but still go down as has been proven....Others may know this but I needed to check it out..fwiw...

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