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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (58198)12/2/1998 6:58:00 AM
From: Arik T.G.   of 58727
 
Donald,

The reversal pattern formed 11/23-11/30 will remain intact today if we do not trade over SPX 1180. If this happens, then the 1120 area is minimal target for this correction / new leg down.
NAZ composite made a double top with the July high, and NYSE composite never reached that high.
ARE WE STILL IN A BEAR MARKET THAT STARTED ON 7/21 ??
Europe and Brazil never came out of that bear.

Edit: OTOH there's MSFT and the internets.

ATG
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