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


To: Tom Trader who wrote (30865)12/10/1997 4:03:00 PM
From: James H. Irwin  Read Replies (1) | Respond to of 58727
 
MSFT warning re: Japan and China

Meant to post this earlier but CNBC just reiterated the potential importance of MSFT's concerns about a slowdown in Japan & China. Exercise caution.

Jim



To: Tom Trader who wrote (30865)12/10/1997 4:05:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
if i rememeber right it is 970 on the spx..but dont count on me remembering it right...

my voodoo dance will win because I shake and jiggle more than you I am sure



To: Tom Trader who wrote (30865)12/10/1997 4:13:00 PM
From: Kevin  Respond to of 58727
 
Tom. I just dropped by to say that I couldn't have seen a more perfect close for the market. I calculated my points for tomorrow and we should open in the neutral zone <<<g>>>
The pivot for the SPX should be 969.41 and the Break should be 972.90
The pivot for the SPZ7 shoudl be 970.23 and the break should be 974.53

As long as the futures stay within the neutral zone overnight and into the morning on Globex, I will have the opp to take either signal that is generated. I hope this doesn't sound confusing, but like I've said before, I only trade when the neutral zone is broken. If we opened tomorrow under the neutral zone, I would have to stay sidelined. Make sense?

On another note, I'm still leaning towards a bear trend for the next several days since we closed below 970. This is not based on the index trading system. This is based on something that I am currently testing that may accent or enhance my system in the future.

If I'm babbling, just shoot me <<<g>>>

Time to go celebrate...after all it IS Wednesday!!!

See ya!