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To: ViperChick Secret Agent 006.9 who wrote (30581)12/7/1997 11:04:00 PM
From: donald sew  Respond to of 58727
 
Lisa,

The ClASS 1 buy on the XOI is already over. If one was to purchase now, it would be based on mid-term analysis which is not as accurate.

The Short-term technicals are already in the upper middle-range and as I have indicated in the past, when it is in this area it can go either way and it is hard to forcast.

I doubt that it will go back down below 460 this cycle, but if it was to drop 5 points I would get in with January calls not DEC.

Seeya