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

To: The Perfect Hedge who wrote (51468)	9/3/1998 4:35:00 PM
From: epicure	Respond to of 58727

I think we go up tomorrow. On the OEX you have (on the 5 min chart) 3/5ths of mat hold or a rising three methods. On the 60 min you have close to a piercing pattern and a tweezer- it isn't quite either one, but close. On the dj 5 minute we are 4/5ths of the way to a mathold or rising three methods. If we go up from the git go then we will have a mat-hold. If we gap down and then go up we will have a rising three methods- same goes for the oex- except on more little black candle would be necessary for it to be perfect. I am guessing we go up in the morning and then tank in the afternoon- that is what the charts seem to imply- but the interpretation is subjective, as you know. If we go straight down as of tomorrows open none of this analysis was valid.