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Strategies & Market Trends : Tech Stock Options
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To: Shanker Reddy who wrote (57887)11/21/1998 12:59:00 PM
From: donald sew  Read Replies (1) of 58727
 
Shanker,

DELL - the last peaks have all been higher, but the last dip was slightly lower, and it even appears to be forming a mini-head and shoulders. It may go down from here but I would prefer that it runs up some first and fail at setting a new high, before going short.

EGGS - appears to be forming a triangle with the APEX targeting 13. Triangles normally forms awaiting for news or market/sector direction.
It should go in the direction of the majority of the INTERNUTs. Keep in mind that the movement after the APEX is commonly powerful in either direction.

seeya
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