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

To: donald sew who wrote (46593)6/23/1998 8:26:00 AM
From: S. Chiang  Read Replies (1) | Respond to of 58727
 
Don,

Based on the market's action yesterday. Do you still see the lower low in a week?

<< I am projecting within approximately 6-9 trading days the the DOW could approach the 8400-8450 range. That would put it around
6/29-7/2. >>



To: donald sew who wrote (46593)6/23/1998 8:50:00 AM
From: peter n matzke  Read Replies (1) | Respond to of 58727
 
Don, i am showing the NDX in an overbought condition. it has risen from a low of 1157.89 to 1263.93 high in 7 days...that's a substantial gain in my way of looking at things. if today is another strong day for the NDX, it may be time to look at puts for a short term trade.

put up a bollinger band with a 2% deviation
and a keltner channel with a 2.5% deviation


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