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

To: The Perfect Hedge who wrote (32048)	12/29/1997 12:39:00 PM
From: donald sew	Respond to of 58727

Glen, If I recall correctly, I thought I indicated 115-120 range. I will review tonight after the technicals are updated. The short-term technicals could be in the overbought range at 110-115 so I have to recheck tonight. Will post later. Seeya

To: The Perfect Hedge who wrote (32048)	12/29/1997 12:40:00 PM
From: Anita J.	Respond to of 58727

To All: I am new to this thread, but plan to follow it closely in the future as there seems to be a lot of good info here. I am just getting started in Options and have done a lot of studying (books, tapes, internet sites, etc.) and have made several trades with a broker (some successful, some not). I hate paying the high commissions so I'm looking to trade on-line. Most of the brokerage firms I've looked into have low commissions for stock trading, but are still around $40-50 for options. Can anyone recommend a good, reputable site for trading options on-line? Any help would be greatly appreciated. You can answer on the thread or send me an eMail: anidon@bestweb.net. THANKS! Anita J.

To: The Perfect Hedge who wrote (32048)	12/30/1997 4:43:00 AM
From: donald sew	Respond to of 58727

Glen, I checked the charts on the OSX and the next resistance line is at 112 and is crucial for the OSX to pierce to go up further. If the OSX approaches the 112 mark in the next few days(1-3), it will become overbought per my short term technicals. There is a chance that it may just blow right buy the 112 resistance, but if it is showing difficulty at 112 it may take another short-term cycle for the OSX to get to the 115-120 range. The key is to watch carefully how the OSX performs intraday as it approaches 112. Seeya