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


To: Nemer who wrote (36817)3/16/1998 3:30:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Nemer,

I got the urge to pull the trigger on a DAY TRADE PUT. The DOW is up 100, and the NAZ up 15. But the NDX and MSH are only up 10 and 3 respectively.

The bigger NAZ/HiTECH stocks are not as strong as the rest of the market. It normally means that the rally is broadening, but is also giving the hint that the bigger stocks are getting ready lead the rest to the downside in the near future.



To: Nemer who wrote (36817)3/16/1998 3:35:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Nemer,

Boy did I want to pull the trigger on a put but decided not to since my analysis said one more up day for tomorrow.

Seea