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


To: j g cordes who wrote (40703)4/22/1998 8:44:00 AM
From: donald sew  Read Replies (2) | Respond to of 58727
 
INDEX UPDATE
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Just finished my analysis and I am getting clues that the NAZ is on a technical breakout to the upside. I guess the great earnings are pushing the NAZ up, had to be a bit sarcastic.

Very dangerous time for HiTECH PUTS, as I have the MSH. With a technical breakout it is a guess when it will end, could be immediate, could be alot more upside.

This is only a guess, but if the SOX can break 315, even intraday - take that as a hint of confirmation of a NAZ breakout. If the SOX doesnt break 315, it doesnt matter since the NAZ can climb without the SOX, but just would be easiier with the SOX.

EDIT - interest rates are up to 5.96%. I know - I know, it doesnt matter, there is nothing that can stop this market - I know liquidity/etc/etc/etc gggggggggggggggg.