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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (55520)	10/15/1998 1:25:00 PM
From: Stephen	Read Replies (2) of 58727

Don, I realise that you have a number of different indicators, but assuming that there isn't a breakout, and given that this move upwards is so strong, why is the guitar reflex downwards now invalidated ? (or is it just delayed ?). You are now saying that any downwards movement of 100-200 points could prompt a move up of 200-400 points. Are you now indicating that there has been a breakout, so the guitar reflex is now related to the more recent move, or are there a sequence of guitar reflexes ? Do you now think that the 'bubble bubble' has more substance to it ?? As always, thanks for your clarification ... sorry for all the 'nows' !! Good luck everyone Stephen

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