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


To: SE who wrote (44401)6/2/1998 9:37:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Scott,

Agree that there are plenty of bulls out there, the question is when are we going to break out of this trading range, which I orignally noticed back in April.

I am still holding to my trading range of 8750-9300 and last week we tested the lower support at about 8770 on a intraday basis and from there the DOW zoomed upwards.

As of right now I am not seeing any short-term hints of a breakout to the upside. It could come soon but so far - nada. As for the downside breaking 8750, there are more technical hints for this time but need further confirmation/signals.

Seeya