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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (31608)	12/19/1997 2:03:00 PM
From: donald sew	Respond to of 58727

Tom, I meant that the technicals indicated that we hit bottom for the short-term, and that for the very near future we should not retrace back to today's bottom. Right now the HiTechs are moving strong and the SOX and MASH are already positive and many of the other HiTechs are only slightly negative. I had posted some support lines on some of the HiTech indexes and if the market closes here we will be above most of thos supports lines. Boy - what a way to test a support line. Of course we crashed all of them except for the SOX, earlier today, however the more important issue is how did we do on a closing basis, not that the intraday lows means little. Well there's 2 hours left, lets see how we do on a closing basis. Seeya.