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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (53489)9/23/1998 12:58:00 AM
From: Kevin Walsh  Read Replies (1) of 58727
 
Hi Zena darlin', Long time no post for me. Yeah, some things/people never change. It's best for everyone to ignore the rants.

How've you been? Going to Vegas soon?

A very good friend of mine just saw Plant and Page at the Hollywood Bowl. He said it was an awesome show.

Ole Led Head.

ps: Here's my contribution - the latest McClellan Oscillator and Summation Index charts.
decisionpoint.com

It's interesting that the Oscillator is currently showing a very overbought condition (+154) bounce after the very oversold condition. The recent low of the Summation Index (about -3500) is significantly lower than the low of the '87 crash (about -2200). To me this means there is significant downward momentum remaining in the market.
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