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


To: Heg Heg who wrote (32865)1/12/1998 7:29:00 AM
From: donald sew  Respond to of 58727
 
Heg,

Thanks for your option update.



To: Heg Heg who wrote (32865)1/12/1998 7:49:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
INDEX UPDATE
--------------------------------

Well the Asian market is down overall.

JAPAN - The N225 closed down near its low, which is reversing its up-reversal signal on Friday. That is not good.

HONG KONG - WOW, it gapped down 680 points at the open creating a huge RAINDROP. The media indicated that a HK financial firm is liquidating. The HSI opened at 8214 and closed at 8121, with the days low at 7909. This formation is almost a HAMMER(strong reversal signal), but is not conclusive. In light of the huge gap, technically it needs to fill the gap by moving upwards. I do believe that HK should be up tonight, if there is no further bad news.

KOREA - continued its rise nicely

SPORE & MALAYSIA - they were CLASS 1 BUYS at the low of the day, however there was no definite reversal signals. Tonight will tell.

Seeya