Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ViperChick Secret Agent 006.9 who wrote (49318)	8/5/1998 11:23:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Lisa, At 10:47, I got a UP-MOMENTUM reading of .78 while the DOWN-MOMENTUM is at .50. Need a few more confirmations of that to say that the bias is to the upside, but it is starting to look that way. Seeya

To: ViperChick Secret Agent 006.9 who wrote (49318)	8/5/1998 11:53:00 AM
From: SE	Read Replies (1) \| Respond to of 58727

marketweb.com Right from the horse's mouth...so to speak! :) -Scott

To: ViperChick Secret Agent 006.9 who wrote (49318)	8/5/1998 1:29:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Lisa, There was a very large TICK swing of 1050 points which brought the DOW down about 70 points off its highs, however the DOWN-MOMENTUM reading was on .60. With normal large TICK swings the reading should have been much higher and should have been closer to 1.0; therefore I am concluding that the DOWN-MOMENTUM was not as strong as the 70 point decline appeared on the surface. The UP-MOMENTUM reading is at .55 and rising slightly. Seeya