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Strategies & Market Trends : Tech Stock Options

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To: HairBall who wrote (56719)10/30/1998 10:09:00 AM
From: donald sew  Read Replies (2) of 58727
 
LG,

Already noticing that quite a few stocks have significantly gapped up at the open like DELL,MER. If they do not continue to move up strong thru out the day and close off their highs, they could be forming SHOOTING STARS, which is a good reversal signal.

It is still early, but suspecting my date of TOPPING may be in line.

The VIX, this morning, got as low as 26.65 which is near the next support area. The TOPPING OFF/REVERSAL signals are lining up now.

Seeya
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