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


To: Barbara Barry who wrote (42065)5/2/1998 9:44:00 PM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Barbera,

>>> Shame on you!You are good with the charts....so to know the answer...look at the charts for seasonal fluctuations. <<<<

Statistically, patterns are considered if they occur 32 or more times, unfortunately I can only go back 2-3 years on the charts, and that is not enough proof. Frankly 32 is quite alot, I normally work on 20-25 occurances, with BETA factor of less than 40% - then its a acceptable pattern. Of course the higher the success rate the better.

So if anyone can confirm the selloff pattern prior to MEMORIAL DAY and its BETA, would greatly appreciate it.

Barbera, get ready for PUTS - it will happen. If the DOW gets to 9200 in the next few days, I think the JUNE PUTS will do fine. IF one wants to play the MAY's thats going to finer tuning.

Seeya