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Strategies & Market Trends : Tech Stock Options
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To: Lee Lichterman III who wrote (54574)10/2/1998 1:58:00 AM
From: epicure  Read Replies (2) of 58727
 
There may be a bounce tomorrow but I don't see it lasting. My charts show every chart I follow, except ASYT, turning down- and MSFT, MU, CSCO and the internuts are turning down from overbought- it will take them a while to get oversold- my guess is a week at the least. So I think we are at least a week away from a really meaningful rally- doesn't mean we won't have a rally, or that it might look strong, but I don't think we will see the real bottom of this oscillation until the end of next week at the earliest.

Must add BWDIK

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