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Strategies & Market Trends : Tech Stock Options

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To: Saulamanca who wrote (55472)10/14/1998 4:16:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 58727
 
Not the case any more. The Dow hasn't touched the upper band since 7/17/98. >>>

you must be looking at a different band

I still havent found this band with 3.5 on any chart I am looking at on the net..still hunting..

here is a quote from favors:

If we combine this with the fact that the
Dow rallied up to within 20 points of its 21-Day 3 1/2%
Exponential Trading Band yesterday it becomes an even
stronger argument that we are near some sort of high. The Dow
normally reaches some sort of high when it rallies up near
or just above the top of that band. The top of the band on
Monday was 8182 and the Dow reached an intraday high of
8162 Monday.
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