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


To: Nemer who wrote (47516)7/9/1998 1:16:00 PM
From: SE  Read Replies (1) | Respond to of 58727
 
Nemer,

Drawing simple channel lines on the OEX right now indicates an up-trend in place, but right now we are at or slightly below the lower channel. If it fails, I see 550 OEX. If it doesn't I see 580. I would have an itchy trigger finger as well. I think this will resolve to the up-side (gutt opinion), but feel cautious about that.

The above information is simply from the FWIW column.

-Scott