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


To: surfinSteve who wrote (50310)8/20/1998 9:44:00 AM
From: donald sew  Respond to of 58727
 
Steve,

>>>>>> Spinning Top pause yesterday? ttp://www.csta.org/charts/oex.gif Do you agree? I'm not sure that I do. <<<<<<<<<

I am more inclined to say that we hit the top and that we will start another period of a UP/DOWN/UP/DOWN pattern as we did at the 9000 and 8600 levels with the price range at 8750-8500. This pattern could last for 4-6 days. Of course we could head straight down but that is less probable at this time. Need a few days of more uncertainty.

Seeya