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

To: the options strategist who wrote (48697)	7/28/1998 12:12:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

members.aa.net you could use these as supports lets see what Nemer likes to us GM SPOKESPERSON they came into the press room and said we are seeing news on the wire we want to tell you there is NO AGREEMENT (deals fall apart at the last minute so until everything is done the word is NO AGREEMENT)

To: the options strategist who wrote (48697)	7/28/1998 12:46:00 PM
From: Nemer	Read Replies (2) \| Respond to of 58727

Jen: here goes your visual ---- ------>Lets take DELL. It gapped opened 111 1/16. So I'd look for it to be bouncing off a price support. After the first 1/2 hr. DELL moves up to 112 1/2 in the first half hr. the bounce from the support was what made it a gapper so you'd not have that to consider to determine an entry price ----- so we have the high for the first half hour to be 112 1/2 ------ ------->I would enter if it were 113 after the first 1/2 hour. nope, you'd enter if and when the price reached 112 1/2 plus 1/4 making the enter at 112 3/4 ---- ----->Now in the case of DELL it would not be bouncing off a price support, right. Therefore, DELL would not be a stock to use in this strategy. Dell bouced off support at 108 yesterday afternoon, making it gain and close strongly at 110 1/4 when it proceeded to gap open today, so yes it would be one to consider the gapper tatic. ---->am I on track. just follow lisa ------ gggg ------>btw, does anyone know what DELL price support is? just so happens I do --- 104 and 108 with resistance at 116 and 110 1/4 Regards ----- Nemer