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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (6339)	7/20/1999 5:41:00 AM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

TB:" murk " >Eric, on the MDA thread, has a post that may influence your decision to take a longer vacation... ...so what does Eric on the MDA thread have to say ? >MRK has me totally confused. I keep expecting the move and it doesn't happen??? murk always manages to piss me off, Berney (^_^) the magic lines on my chart are at 72, 70-5/8, 69-3/4, 68-3/8 and 66. DRG.X is one of the very few sectors that looks like a bullish entry point to me; most everything else, you gotta have faith that the sector will reach its upside target extent (eg., OEX) or, will bust out of its apparent trading-range top (eg., PNX.X or MID.X) At DRG.X = ~365, a perceived pivot with +/-15 index point potential in either direction - my chart says that either a Long Straddle @ DRG.X 365 or a 360-370 DRG.X Long Strangle will work -- especially with the VIX.X low... on the DRG.X the 200d 50d and 14d EMA lines have all converged, Dude; like MACD = zero ! it will explode ( I don't care which way ;-) so long as it moves strike +5 I just know that DRG.X MACD will diverge, and I want to Straddle or Strangle it so bad I can taste it... arrrghhh ! -Steve