Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J.T. who wrote (33896)	1/23/1998 12:48:00 AM
From: donald sew	Respond to of 58727

JT, I missed the high on the index by about 1 point. Got in when the index was at 1028. I realise that many feel that with the news on MSFT today, that it may continue up. Without going thru a whole technical analysis on MSFT, I have a technical sign that it may have started its turn downward, of course its non conclusive and needs confirmation. INTC is approaching overbought, I realise many will disagree. CSCO, started its reversal down clearly per tonights charts. The key to my NDX PUT is if MSFT does not move up tomorrow, if its flat thats the topping off sign, and should start to move down a little by Monday if not tomorrow. MSFT's short-term technicals are the highest they have ever been thru-out the whole year per my parameters. Wish me luck. Seeya