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


To: Heg Heg who wrote (29967)12/2/1997 5:14:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Heg,

My charts are not updated till the morning, but from some quick/incomplete analysis it appears that there will be quite a few buy opportunties tomorrow in the Hi-Tech area.

Most likely the SOX will be a CLASS 1 for tomorrow, but as I indicated in my earlier post it is the weakest index.

There should also be a few CLASS 2 buys.

Overall, the technicals are in normal healthy condition, so there should be a bounce up in the Hi-Tech areas soon, and may be as soon as tomorrow.

According to the GUITAR, the NASDAQ vs DOW is getting close to maximum divergence, so a snap back should happen soon

Seeya