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Strategies & Market Trends : Tech Stock Options

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To: epicure who wrote (53574)	9/23/1998 12:26:00 AM
From: Lee Lichterman III	Read Replies (1) of 58727

Concur, I also have bearish hammer tops or hanging man formations on many of the big techs (CPQ, GTW, CSCO ) I am perplexed by my timing indicator though. It is giving a sell signal for Thursday and a buy signal for early next week. It has never given opposing near term signals before. I may have to rename it my day trading indicator and scale it down <g> Seriously though, I see many stocks at critical resistance levels again and some already tested and failed today. (IBM 130 only to drop and close at 127+, MU 33 to 29+. Are the big boys going to wait for the little guys or are they going to lead the market down? Lee

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