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

To: j g cordes who wrote (32387)	1/7/1998 1:37:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Jim, I had previously indicated that I did not think that this dip will last that long and that today should be the bottom. I had also indicated that I thought the dip would be in the 100-200 range, with the 7800 level as the support. The DOW broke the 7800 support and got as low as 7776, which is . Right now the DOW is down 105. The key is the closing price, so lets see if it works. In an earlier post this morning, unfortunately stated that I just got a signal which is hinting that the HiTechs could go below the recent bottom in the future. Of course it is not conclusive and needs confirmation. I may not have mentioned it, but that same signal also indicated that this dip could intensify, which it did. I just got into the OSX since I think the market, for the very short term will reverse from here. Seeya