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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: profile_14 who wrote (2531)3/1/2005 9:14:24 PM
From: chowder  Read Replies (2) | Respond to of 13449
 
Profile,

I'm not sure how to use the charts to play options. CSCO is in a down trend. Maybe it moves up over the next couple of months, maybe it doesn't. I just don't know. I know I don't like the chart for the time frame in which I trade.

The same would go for JNPR. I just don't know. The chart is showing weakness but maybe if market conditions improve, JNPR does too.

People say the charts are the same for stocks or options. That may be true but not for me. I know my time frame and what I feel comfortable with.

Sorry I can't provide much help on this.

dabum