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


To: donald sew who wrote (50564)8/24/1998 1:22:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 58727
 
Donald; RE:" enter ennui "

>What does this mean for the whole market - will this action just slow down the decay of the whole market...?

I think you got it, Donald.

Wish 'could seduce you to switch/augment your DJIA-30 INDEX UPDATE to the OEX-100 and NDX-100 instead.

Only 1/3 of the DOW components currently have any relevance: RLX.X, DRG.X, NF.X, GE+UTX conglomerate bellwethers; and Techs are represented only by HWP, which is lame, and IBM. The OEX-100 appears to be ideal for your kind of wave-engineering techniques. The NDX.X is more relevant to the majority of the folks here in the sandbox.

According to my candlestick tea leaves, Donald, the mid-July Downtrend was buried in a gravestone doji Friday, intra-day. The operative trend appears to be a nice horizontal trading channel on the OEX that began in March-April. Sure hope so.

currently adrift in a sea of ennui (^_^)

-Steve