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To: Chris who wrote (6236)	2/19/1998 6:57:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

Subject: Tech Stock Options \| Previous \| Next \| Respond \| You have 1 unread message To: j g cordes (35168 ) From: donald sew Wednesday, Feb 18 1998 11:19PM EST Reply # of 35190 INDEX UPDATE ----------------------- The DOW index is definitely overbought, and a CLASS 1 SELL. Now do you think I am going to play PUTS now - forget it, at least for tomorrow. I dont need to get run over by a freight train to give me a hint. Now heres the surprising thing, the NAZ indexes are not overbought. What many do not realise is that the NAZ yesterday came down 20 points off its highs and actually sent the short-term technicals into the upper part of the mid-range. It can now go up more easily in this market. Here are the indexes which are not in the overbought region per my short-term technicals: XCI - COMPUTERS EGI - EMERGING GROWTH YTK - YEAR 2000 XOI - OILS OSX - OIL DRILLERS IIX - INTERNET CWX - SOFTWARE XAL - AIRLINES TRX - TRANSPORTATION PNX - PHONE The indexes which are in the lower mid range are: OSX XCI - SURPRISINGLY YTK Ok, heres my question, which sectors would you pick. I would pick the YTK, EGI, XCI, IIX. Seeya \| Previous \| Next \| Respond \| View 2 replies to this message View SubjectMarksBookmark this Subject Return to Puts, Calls, and other Options One or more words separated by spaces: Subject Titles Only Full-Text Messages with Links <Picture> Send questions and feedback to webmistress@techstocks.com Terms of Use