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


To: Patrick Slevin who wrote (40268)4/17/1998 7:47:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
INDEX UPDATE
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Something that I heard on CNBC that aroused my interest. It was mentioned by some of the floor traders that the corrective cycle in this market is going from sector to sector, rather than most of the sectors at once.

So lets say I apply my short term technicals to attempt to identify the most overbought indexes and go from there, regardless of what the darn DOW does.

I will do a bit of back testing to see if that makes any sense. If that is correct then the NDX, MSH and some other HiTech indexes may be the next to go.

Seeya



To: Patrick Slevin who wrote (40268)4/17/1998 8:46:00 PM
From: nnillionaire  Read Replies (2) | Respond to of 58727
 
Pat,

I am primarily a long term investor that takes an occasional flier with options or a trade. (Yes, I even have a rarely used futures account). SAPHY is certainly a long term hold in my portfolio. Over the past 12 months, as Unysis outperformed MSFT, I haven't seen a more attractive long term hold than SAPHY, including LU, PFE, etc.

It is worth a look. Also, ask your friends that are with medium to larger companies about SAP. You'll certainly get an opinion!

FWIW

Good Investing