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To: Thean who wrote (14077)3/8/1998 8:22:00 AM
From: donald sew  Respond to of 95453
 
Thean,

The next support lines for the OSX are at 103, then 99, then 97.

It all depends on how strong the pullback in the overall market is. If the DOW does not go below 8200 then the 99 should hold and even the 103 could hold.

Right now, the charts on the OSX looks great for continuing up, and technically one of the stronger indexes for the past week or so.

The overall market has just started to pull back, and dont let friday's great performance fool ya. Many of the HiTech indexes have already set lower lows, and the next test is lower highs as it rebounds. Most of the rest of MARCH should be choppy with the bias to the downside for the overall market especially the HiTechs.

How that will effect the OSX, well it will make it very hard for the OSX to break 120 in MAR.

Also need a little help from CRUDE, the OSX has de-coupled somewhat, but if CRUDE continues down, it wont help.

Seeya