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


To: Patrick Slevin who wrote (31967)12/26/1997 9:13:00 AM
From: Kevin  Read Replies (1) | Respond to of 58727
 
Wow! So I'm 1 for 2 on Globex facts <<<g>>>. How are you Patrick? Hope you're enjoying the holidays.

I'd imagine today will be even more quiet than Wednesday.

Today's data:
SPX---
956.45
946.27
939.49
piv: 936.09
929.31
925.91
915.73

break: 941.30

SPH8---
968.57
957.07
949.63
piv:945.57
938.13
934.07
922.57

break: 951.45

All data is still confirming a bear trend.

Not sure if you trade equities, Patrick, but for anyone else who may be interested here are the opps I see.
If you believe the market is heading down, my 'selling on strength' candidates based on MF are: LLY, TYC, & FNM. I posted targets for LLY & TYC on Wednesday. Target for FNM is to test $50.

If you believe the market is heaging higher, then MSFT & MMM are the stocks to play. Posted MSFT's target Wednesday, and MMM's target is to retest $100.

Talk to you later.

Kevin