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

To: SE who wrote (43960)5/27/1998 3:18:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
I suppose that is as good a reason for bullishness as any.

Not me though. I'm playing it as if this was the last piece of ammo for the day. I think all it will do is keep short sellers from leaving for home early.

We'll see, I suppose.



To: SE who wrote (43960)5/27/1998 3:27:00 PM
From: ratan lal  Respond to of 58727
 
Scott

Looks like a bull trap.

My 30-min chart on SP8M shows it to be weak. However 5-min chart shows SP8M strong and up. So we might go up today and tank tomorrow. Or if there is a lot of action, we might in fact run the 5-min cycle and head down today with a follow thru tomorrow.

ratan


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