Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SE who wrote (47180)	7/1/1998 1:59:00 PM
From: jjs_ynot	Read Replies (1) \| Respond to of 58727

Jerry Favors analysis if it hasn't already been posted: marketweb.com

To: SE who wrote (47180)	7/1/1998 3:07:00 PM
From: WBendus	Read Replies (2) \| Respond to of 58727

Looks like there may be an intraday head and shoulders pattern forming in the Spoos and the DOW. Neckline on the Spoos is at 1143 and 8950 on the DOW. Measuring lines give us a downside on the Spoos of about 1127 and 8825 on the DOW. A look at a 30 or 45 minute chart reveals the pattern. Considering that there has been such an explosive rally off the lows, I expect that we will at least hit the neckline. Comments? Wayde.