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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (56242)10/24/1998 7:43:00 PM
From: donald sew  Read Replies (2) of 58727
 
Lisa,

You are correct. DELL hit 60 the previous friday. That does not change my position but actually intensifies it, since the NAZ ran up even more during that period, where the best DELL could do was a double top.

>>>>>>>> I think it was Tuesday that Dell reversed on its relative strength P&F chart....which Jan says it has never done.... <<<<<<<<

Not sure what that means - presume its negative. Please confirm.

WFC is right now in the midrange with a reading of 57, and the bais is to the downside. I have the maximum downside target of 320-330 range if the market dumps hard. The chart on WFC is not that bad, so be careful.

Seeya
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