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To: ViperChick Secret Agent 006.9 who wrote (33846)1/22/1998 2:34:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
the "great Seidman says"-and as soon as he started talking the market dropped a bit

Clintons performance on Lehrer not very convincing...

Clinton will have a hard time with IMF

uncertainty not good for market (DUH)



To: ViperChick Secret Agent 006.9 who wrote (33846)1/22/1998 2:36:00 PM
From: Esteban  Read Replies (1) | Respond to of 58727
 
Lisa,

That last site you posted is intriguing. Do you read that the closing impulse phase should be up today as a result of what has occurred so far? This based on 1)Strong down first impulse, strong up reaction. 2) Weak second impulse actually trending opposite first impulse (up) followed by weak reaction down. Does this set up an upward closing impulse? That is unless this current reaction changes shape in the next 25 minutes.

What's your take based on this site's theory?

I noticed this is #1 of 4 discussions, but can't find the other three at the site. Have you found them.

Esteban



To: ViperChick Secret Agent 006.9 who wrote (33846)1/22/1998 3:03:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Lisa,

Bought the NDX FEB 1030 PUTS for 30 5/8, when the index was at 1028. The NDX was a CLASS 1 BUY, with the buy in date yesterday. But with MSFT being up it held the NDX up to get in.

Subjectively, even though MSFT came out with the news that it has come to some agreement with the justice department I feel PUTS would have worked on it if they were obtained at 139 range. Since I normally do not play individual stocks, I chose to play the NDX which is also highly influenced by MSFT.

What many will not realise is that MSFT's lows for today was 135 and it got close to 140 for the high. That's already a 5 point turnaround, which is huge considering it was a complete reversal intraday. The technicals on MSFT at 139 were extremely, extremely high.

Lets see now