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

To: Ramsey Su who wrote (53307)9/19/1998 4:28:00 PM
From: donald sew  Respond to of 58727
 
Ramsey,

I really only use the TICK to determine intraday movements, and really does not have alot correlation to the indexes for more than intraday.

My ovservation that the TICK was so high and could only get the DOW up to POSITIVE-35 is a very short-term sign of weakness rather than strength. That does not mean that it will continue on Monday, but if such action does continue we could expect a very strong down day on Monday.

seeya


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