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


To: donald sew who wrote (49317)8/5/1998 11:15:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (3) | Respond to of 58727
 
we have crossed his point before 11:30

: +Chris (13946 )
From: +dennis michael patterson
Wednesday, Aug 5 1998 10:40AM ET
Reply # of 13950

FAVORS expects a buy signal this afternoon. He emphasizes it is for ST traders only.
As of 10:30am, he says any move above 8536.74 by 11:30 will signal further upside.
His remarks were summary in nature, but it is pretty clear that, as of this time, he
expects the market to turn up this afternoon. Next update is at 12:30. I plan to call in
and get it, as I have some OEX options, and I am interested in adding to my position in
calls if things look better.