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

To: j g cordes who wrote (32032)12/28/1997 8:48:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
JAPAN AND KOREA UPDATE
-------------------------------

In previous notes it was indicated that the N225 may be performing a TECHNICAL DELAYED DIP(DOUBLE BOTTOM). Right now it is near the open and Japan dropped hard and pierced the bottom at 14569 by approximately 75 points but bounced back to above the 14569 support line. Well the key is whether the 14569 support line holds, if it does the likelihood is that the N225 should then move up.

Korea is up 1 point so it is flat.

Well, lets see how our markets feels towards the Asian markets tomorrow.

Good night



To: j g cordes who wrote (32032)12/28/1997 10:45:00 PM
From: Patrick Slevin  Respond to of 58727
 
I agree. It's only an indicator. That site must have an error. I believe around December 10th the site says OEX puts outsold calls by such a factor that it went off the chart for a week? Unlikely. Put/call ratios are short-term indicators anyway...depicting likely events over a period of a few days at best.

Did I misplace my invite to the party?


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