Tech Stock Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HairBall who wrote (55709)	10/17/1998 12:03:00 PM
From: Lee Lichterman III	Read Replies (2) of 58727

Besides adding A/D, I would watch new highs vs lows. I still see many stocks that have not participated in this "rally" yet. The weaker dollar may help the banks and international companies but the small guys that borrow allot should benefit also yet I didn't see allot of bounce in many of them. Maybe I just watch the wrong ones since the RUT was up significantly but I watch a pretty good cross cut of sectors and most of them just made Doji indecision candles. My timing indicators which rely heavily on the stochastic formula along with some other formulas unfortunatally showed next week as a catch your breath time so I don't expect much of a stronger up move. However this indicator also could mean a pullback. With IBM and most of the big banks reporting, it should clear up most of the earnings uncertainty. I find it interesting that we are now back in the same old trendlines that we were in on the OEX forming the upward wedge we were following through September. What do you make of the huge volume yesterday? Over a billion shares traded on the NYSE. Was this money coming in or funds getting the heck out while prices were up. Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next