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


To: HighTech who wrote (53322)9/19/1998 8:51:00 PM
From: robnhood  Read Replies (3) | Respond to of 58727
 
Throw your pencil away..

equis.com



To: HighTech who wrote (53322)9/19/1998 9:15:00 PM
From: HairBall  Read Replies (1) | Respond to of 58727
 
HiTech: This is what I see.

Theoretical Dow Industrials Chart - Projected out one day from Friday's close.

Ascending Upper Trend Line: I see a continuation of the upper flag trend line (highs connect 9/2 & 9/8) and a short-term trend line (highs connect 9/14 & 9/16) both indicating the same projection to approximately 8250.

Ascending Lower Trend Line: I still see in place the lower flag trend line (lows connect 9/1 & 9/10) projecting out to approximately 7580. In addition, a shorter term trend line (lows connect 9/11 & 9/18) projects out to approximately 7825.

Note: Each trend line is parallel to its mate!

Regards,
LG