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


To: donald sew who wrote (52653)9/15/1998 12:11:00 PM
From: James Strauss  Read Replies (1) | Respond to of 58727
 
Don:

Here is a visual of the developing Head & Shoulders formation... A break here would find support in the 7400 to 7200 area... After that, last gasp support is 7100 prior to revisiting the 6000's...

www1.bigcharts.com

Jim



To: donald sew who wrote (52653)9/15/1998 12:11:00 PM
From: AlanH  Read Replies (1) | Respond to of 58727
 
Donald, thanks for the H&S analysis...

What is the overall interval for the H&S pattern? More directly, when do you see the right shoulder completing the formation?

Also, looks like your "flat to down" call is intact. Very narrow trading range... last time I saw such 'stagnation' was, ummm, Tuesday following Labor Day.

Regards,
Alan



To: donald sew who wrote (52653)9/15/1998 12:34:00 PM
From: Kevin  Read Replies (1) | Respond to of 58727
 
Don, I am new to this thread. Enjoy to read your posts. Besides the TA on the market trend, do you think people may waiting for tomorrow's AG's speech on interest rate. If investor found a hint on lower interest rate, market may surge. Do you think so? Thanks and keep good work.