Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (4056)	12/7/1997 12:11:00 AM
From: Chris	Read Replies (2) \| Respond to of 42787

posts: donald sew is pretty good as well: Subject: Tech Stock Options \| Previous \| Next \| Respond \| To: Tom Trader (30508 ) From: donald sew Friday, Dec 5 1997 4:13PM EST Reply # of 30554 Hi Tom, The technicals indicate that the recent lows for the Hi-Techs are the bottom for the near future, so I do believe that the Hi-Techers have turned and will continue up. I have no CLASS 1 BUYS now, so I personally would not play DEC calls, but I would play JAN calls, based on my MID-TERM analysis which is saying that there is plenty of upside room for the Hi-Techs in general. The stronger Hi-Tech indexes are the NDX, MSH, IIX, XCI. The weakest are the SOX & DDX. Tom, the Non-HiTechs are definitely in the overbought region per my short-term technicals, so if the market is acting normal it should pullback a little, or at least remain flat. However, from a subjective view, this market appears to be hot. I would wait for any good pullback to get in. I only sold half my position on the OSX since I feel the overall market is very strong. Technically, per my guitar calculations, the HiTechers need to play catch up. Seeya and good luck