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


To: Patrick Slevin who wrote (47543)7/9/1998 3:38:00 PM
From: SE  Read Replies (1) | Respond to of 58727
 
It broke out at 398 a full day prior to the OEX breaking what I considered significant resistance at 545-548 range. I think if for some reason it gets back to and breaks 398, we know we are in trouble whether or not the OEX has busted 550 at that point or not.



To: Patrick Slevin who wrote (47543)7/9/1998 4:07:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 58727
 
Rydex'ed to CASH....front running my parabolic signal a bit.
Me thinking choppy to down rest of month...viagra wearing off on the Internet stocks might help.

Cycle guys looking for a Top here...one yesterday...one later this month. I thinks lower highs might be the case.

Locking in PROFITS and we'll see tomorrow if I errored, as a down day would kick the parabolics on most indexes. Looking at the pattern we have drawn says we have a simlar deal as we did in Feb.....so we could go up right into months end, but I'm not betting on it.




To: Patrick Slevin who wrote (47543)7/9/1998 6:55:00 PM
From: WBendus  Read Replies (1) | Respond to of 58727
 
Looks like there might be potentially a little trouble brewing with the yen again. There has been a nice descending triangle forming in the JYU8 contract, which appears to be breaking back to the downside with increased volume today.