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Strategies & Market Trends : Tech Stock Options

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To: James Strauss who wrote (56568)10/28/1998 12:14:00 PM
From: donald sew  Read Replies (2) of 58727
 
Jim,

Thats where we differ - I dont think the trend is up, nor do I think it is down. I think that we are in a trading range.

In fact I am sensing another STAIRSTEP developing. Not sure were the limits are to the STAIRSTEP, but for now the DOW is right now in the middle of the AUG STAIRSTEP. I do feel that this stairstep could move a bit higher, say max 8800 which is still in line with the AUG STAIRSTEP. The highs and lows of the AUG STAIRSTEP are 8317-8753.

Lets see where the next upswing take the market. Im not bearish nor am I bullish, for the short/mid term - Im neutral.

seeya
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