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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (5681)2/28/1997 2:16:00 PM
From: Joel Brussell   of 58727
 
hello Jim and Tom:

Break in ASND is not a shake-out in my opinion because of one technical tool. The ADX line, it has risen sharply. I will not take any position against the trend when this line is headed up.
THat's not to say you can't have counter trend rallies, but it seems silly to fight the trend
Tom do you use this at all?
I have no position here I'd like to be short but need at least a bounce in NAZ.
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