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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (56476)10/27/1998 12:49:00 PM
From: HairBall   of 58727
 
donald: I am expecting the pullback or pause to take place within the constraints of the bullish formations. (The Dow Industrials Bull Flag is a descending trading range formation, which is a consolidating pullback.)

Obviously we are experiencing violations of the formations which can be viewed as adjustments in the trend lines and in some cases morphs into alternate bullish formations, just as we saw happen with some of the recent bearish formations.

BWDIK
Regards,
LG
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