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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 (49820)8/13/1998 3:46:00 PM
From: Nemer  Respond to of 58727
 
Well, stone the bloody crows ........

no more than post to Dom and here comes the BBx
sending me something while I'm typing this

here it is ......

SPX
pivot 1078
time frame now
direction up
currently trading at 1077.74

buy calls it says and do it now
hmmmmmm

edit at 3:55
NOW
I know why the restraints should be left on the BBx
wrong direction called ....
should have been puts .....
currently trading at 1076.xx and low for the day and falling ..... gggggg



To: ViperChick Secret Agent 006.9 who wrote (49820)8/13/1998 3:52:00 PM
From: donald sew  Respond to of 58727
 
Lisa,

If the market was to close right here we would be about 120 points off of today's high with 8600 being todays top.

So the first step of my STAIR-STEP THEORY is in action, and that 8600 is holding strong.

With todays action and the 120 intraday drop off the highs, the next step would be a strong drop of 200-300 points over the next 2-3 days, taking us to the 8200 range. Right now we are only about 150 points from the recent lows.

Seeya


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