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

To: joe smith who wrote (40536)	4/21/1998 9:26:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Joe, What I am trying to analyze with my short-term technicals is it predictability firstly with timing. It was accurate with the timeing on the DOW but what happened with the NAZ. I make the conclusion that if my technicals loses predicatbility on just time then the market may not correct. Normally reaction time should be 1-2 days. If there is no sign in weakness in the NAZ today or tomorrow, i would have to conclude that we are going up still with no interim top in sight. Based on last nights data, I am getting hints that April 23 will be the weakest day of this week and it would be the best time for a pullback. Whether it happens or not, is another question. Of course it could happen sooner, like today. Seeya