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

To: ViperChick Secret Agent 006.9 who wrote (48232)7/22/1998 10:25:00 AM
From: Nemer  Respond to of 58727
 
PFE
key support is 112 ---
that's the only one to worry about and even then, not too much worry.......
108 would provide excellent new entry should it happen to get that low, which I doubt.

SPX
pivot point is 1160
moves are too violent this early in the market, according to BBx to forecast a move
major support is 1158
target is 1164
no trade recco
but propensity toward up is below 80% accuracy due to the market churn
currently trading at 1160.30



To: ViperChick Secret Agent 006.9 who wrote (48232)7/22/1998 11:19:00 AM
From: Lee  Read Replies (1) | Respond to of 58727
 
Lisa,

Barney on now and just doesn't 'get it'.

Regards,

Lee



To: ViperChick Secret Agent 006.9 who wrote (48232)7/22/1998 12:17:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Lisa,

At 11:30 my intraday indicator went negative with the up-momentum at .27 and the down-momentum at .67. I guess it was obvious with the dump in the market.

Now I will be watching to see if it changes back to a stronger up-momentum and if it changes to an up-bias lets say around 1:00-3:00 it may be a hint that there will be buying at the end of the day.

Seeya


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