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


To: Tom Trader who wrote (31578)12/19/1997 1:07:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Tom,

Sorry I have not responded earlier, guess I was too embarrassed to since I really goofed on my call as to the 7788 line holding. gggggg

Right now the market has rebounded about 140 points which is a very strong technical signal that the market bottomed. The question is will it retrace back down in the near future (1-5 days).

Technical the signals say that it will not retrace in the short-term (1-5 days), it may after.

As I had indicated earlier the SOX and some other Hi-Techs were the signals that showed good strength for the overall market.

I have just bought OSX JAN 100's for 9.5 (awaiting confirmation of trade).