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


To: donald sew who wrote (43778)5/22/1998 10:37:00 AM
From: jjs_ynot  Read Replies (2) | Respond to of 58727
 
Don,

You are aware that the quoted NAZ number is screwed up because of incorrect bookkeeping for ERICY split, aren't you? Earlier posts suggest about an 18 point difference.

Dave



To: donald sew who wrote (43778)5/22/1998 10:39:00 AM
From: Kevin  Read Replies (2) | Respond to of 58727
 
>>> The closest support line for the NAZ is at 1804, which is an important one, and intraday it has broke thru it already. <<<

Hi Don. Based on my calculations for the error of ERICY's split, you should add approx 6.88 points to the NAZ quote. This would bring you right up to your critical support you mentioned.

Take care.



To: donald sew who wrote (43778)5/22/1998 12:44:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 58727
 
NAZ took out your 1804 level, I can't see much upside here. Funds will no doubt be selling into strength next week.