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


To: Tom Trader who wrote (41563)4/27/1998 3:33:00 PM
From: Willsgarden  Read Replies (1) | Respond to of 58727
 
Tom, I don't think jbil will get the chance to test again, JMO. One more ECN coming out with positive news, like sanmina, and it'll be the end of you. Only a bigger market drop or bad news for jbil will accommodate you, and I don't see either inmy chrystal ball..I think you're taking a big chance here!
good luck,
Any thoughts on CPQ after todays pull back??
Bill



To: Tom Trader who wrote (41563)4/27/1998 3:45:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Tom,

Based on my system, the current rebound off of the intraday lows will not permit my technicals to signal CLASS 1 status tomorrow, based on the assumption that it will get to a CLASS 1 status before turning.

Of course it could turn right now to the upside without ever becoming a CLASS 1 BUY, but in light of the bond closing near its low the probability is that this pullback is not over. Without seeing my charts and if we close here at negative 155, it appears that we will have at least one more full down day, so for now it looks like WED to rebound at the lows of the day. Will update latest tomorrow morning.

Seeya