Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: j g cordes who wrote (41669)	4/28/1998 1:55:00 PM
From: Riskmgmt	Read Replies (1) \| Respond to of 58727

ReMakes sense to me Don.. two points just off the top of my head, each of these seem equally strong at the moment on my chart and depend on bonds. Since bonds are on hold until the next fed meeting the market is stuck between these two scenarios A. if we are continuing up then we've hit the bottom of the Jan-Apr channel and bounced, consolidate and run into the first part of May then go flat as bonds back down. B. if we have turned down then we've hit the bottom of the Jan-Apr channel, bounce to mid point and continue down to 8750- area with a sharper runup in bonds to 6.22 area Jim, so what you are saying is.....we either go up or we go down....correct!! <GGGG> Just kidding Jim. Ray