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Strategies & Market Trends : Tech Stock Options
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To: Lee Lichterman III who wrote (57773)11/19/1998 7:09:00 AM
From: donald sew  Read Replies (2) of 58727
 
Lee,

>>>>>>>> I think as long as the world markets are holding we can try to pass our prior peak to appease the TA gods higher highs etc). <<<<<

Thats a fair statement; however the major overseas markets (BRITAIN,FRANCE,GERMANY,JAPAN), on a technical basis, really dont look that strong. They(except JAPAN) have only rebounded about 50% off of their lows, so it still can qualify as a bear market rally, if it does not go substantially higher. They are also in the process of forming either a LOWER HIGH or a MINI-DOUBLE TOP.

Seeya
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