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

To: SE who wrote (47408)	7/8/1998 2:22:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

I was watching the same indicators but I'm biased that a top may form in the mid 70s. Because it failed to get past the low 72 range I jumped in to see if this would be the one it fell from. Next time, I'll do it again. As long as I restrict the loss it makes no difference whether I'm wrong or not at the time......the requirement is to be there when the timing is right. I thought if it approached 69 it would be cooked but I forgot the 68/69 area has some support as a pivot. Another retest or two and it should give, I think. So I have to get on board as it approaches the range....see what I mean? The other indicators had little to do with this decision.