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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (55474)10/14/1998 6:29:00 PM
From: Saulamanca  Read Replies (1) of 58727
 
Lisa:

I'm looking at the same band. The Dow hasn't touched the upper band since 7/17/98. Favors said the Dow was 20 points away from touching the top band on Monday. Still hasn't touched it.

I think what Favors is saying is that during the bull market dips near or below the lower band provided good buying opportunities, selling on rises near or above the upper band will provide good selling opportunities now.

Jim

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