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


To: GARY SETO who wrote (34316)1/28/1998 7:35:00 AM
From: donald sew  Respond to of 58727
 
Gary,

MSFT is the strongest CLASS 1 SELL I have gotten in a long time, Im not talking that the technicals are very high, they are at their maximum levels - cant go any higher. That's why I wont short it. Its
technically breaking out, and it could reverse today or whenever. The technicals now are basicly useless.

Also, if it does reverse, what is the downside - subjectively, I dont think much in light of the split announcement. Prior to the split it has to pull-back some but feel it will be limited.

Seeya