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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (27913)11/6/1997 8:50:00 AM
From: Kevin  Respond to of 58727
 
>>>>The posts that I read this morning are quite divergent in their views of market direction. Donald and Mohan, for example.......hmmmm.<<<<

I saw that too. I'd have to say that I see us in a 'tight' range over the next several days. For instance, I think 932 is strong support and 954 is strong resistance and that we'll trade witin those bounds today.
I know that's a 22-point buffer zone, but what it really means is that I only see a 10-point move in either direction today (at most) and would be extremely surprised to see more.

One thing's for sure, I see very little that indicates an overbought market.

Good luck!



To: Nemer who wrote (27913)11/6/1997 9:44:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
Hi Nemer >>The posts that I read this morning are quite divergent in their views of market direction. Donald and Mohan, for example.......hmmmm<<

I guess that is what makes a market--right??:)

>>I'm just like a goose myself, wake up in a brand new world every morning with no idea what's gonna happen cept the sky is up and the grass is green.<<

A good approach--and when one has a system for trading -- it takes away the bias and one can trade without ones emotions getting in the way.

Regards



To: Nemer who wrote (27913)11/6/1997 10:19:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 58727
 
Nemer, pay no attention to my views which are mainly based on my instincts rather than any "system" based, like Don's. As I always say, my views are totally unorthodox which are not based on specific or stable set of numbers.
How is Texas Tech doing this season? Are they in the run for the Cotton Bowl?
Regards.
-Mohan