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

To: jjs_ynot who wrote (48845)	7/29/1998 6:15:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 58727

Well I would like to think there ia a rally in here somewhere. But my longer term focus is 1105 then 1080 level basis the spoo. I would like to see this by mid-August, but I will be on vacation so I would REALLY like to see this by Monday.....because I have some political golf thing I have to do on Tuesday. But consider this......Larry McMillan sez, in the six times since 1972 that his Oscillator (forget it it, don't ask. I know the construction of his Oscillator is in on a piece of paper somewhere on my bookshelf but no one will ever find it) hit extreme oversold conditions such as exists now the market responded with a crushing rally. He itemizes July 96, March 94, August 90, October 87, March 80 and October 78. But what's he know? He's short (in stature), I'm much taller and have a better sense of humor.