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Strategies & Market Trends : Tech Stock Options
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To: Gersh Avery who wrote (57237)11/9/1998 12:13:00 PM
From: TradeOfTheDay  Read Replies (2) of 58727
 
Gersh, I'm lacking on most of the Greeks ... I only use the beta/NHB, which I think can be found on most quote servers, to follow the OEX and Spoos. Essentially the beta trend will tell you which side of the trade you want to be on for the OEX,i.e., down for puts, up for calls. Like any of the other indicators, you want to have it confirmed by some of the other indicators. Today , everything is lining up in the most obvious way - no divergences.
Beta support is currently 1200 - we are at a critical junction
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