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

To: Electric who wrote (30740)	12/9/1997 3:09:00 PM
From: Brad Hill	Respond to of 58727

Hi Electric--I'm also waiting for a proper entry point on CPQ April calls. From a technical viewpoint, I'm not sure it'll drop down below 60, though. A beautiful, developing triangle formation would keep the support above 60, and if the triangle is broken to the downside I'd become cautious. MACD is approaching a Buy signal. Ideally, the highs and lows in this range will continue to narrow, favoring a January-effect breakout. That's an ideal, mind you, not a prediction <g>. On another topic--I looked at the E-Trade option calculator, but found no explanation whatsoever for what the numbers mean or how to interpret them. would you be willing to give me a quick e-mail explanation? -- Brad