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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Eski who wrote (1607)8/25/2000 5:51:21 AM
From: longdong_63  Respond to of 100058
 
Eski..I'm thinking the same thing. Hoping futures hold up for the open so I can close my calls.



To: Eski who wrote (1607)8/25/2000 2:36:16 PM
From: Drbob512  Read Replies (1) | Respond to of 100058
 
Eski: I agree with you that the stochastics show overbought(as do other oscillators), and they are resetting today, and may need a little more. Don't know if support will hold at 4025, 4004, or 3920, but I expect it to hold above 3905 if not higher in the next couple of days, and then we can move to retest 4280 at least and probably take it out in 1-2 attempts.

Just my TA interpretation, not a recommendation to buy or sell stocks. Always do your own research before investing.