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

To: donald sew who wrote (38590)4/7/1998 11:30:00 PM
From: Gersh Avery  Respond to of 58727
 
Thanks for your input.

A lotta folks said that it couldn't drop below 75 ... but it did.

The old supports are not working as well as they used to.

It's like if f(x) = the way that the chart would normally behave then the new formula would be something like f(x)-0.2x. It's the weight of the converted INTCW pulling it down.

Up to this time Intel is acting like it doesn't want to purchase stock. Instead it wants the stock put to them, I believe.

Gersh


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