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


To: edward miller who wrote (51556)9/4/1998 3:47:00 PM
From: NickSE  Read Replies (1) | Respond to of 58727
 



To: edward miller who wrote (51556)9/4/1998 3:59:00 PM
From: NickSE  Respond to of 58727
 
JF Report (reposted for lisa)

-7400 is critical and if we go below that on strong volume its all over. He emphasized this several times.

-Next important support level is 6933. Close below that would be the 1st time a sell signal would be generated from the quarterly chart since 94 (need someone to confirm this - i can't write that fast ;)

-Expects bottom in late October

-50% Short (he covered the other 50% during reversal this week)