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


To: donald sew who wrote (53447)9/21/1998 3:30:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 58727
 
Donald; RE:" either way ? "

>For those who feel that the rebound of 180 points is a strong positive, my technicals are still saying it can go in either direction...

Well, I would say that a move down DOW -400 points was negative, Don - and I would say that a move up +250 points (today) is positive; the short-term Trend is now UP...

...quite clearly a reversal of sentiment at SPX ~994. Too bad that your technicals remain so neutral when we are in this great trading range -- because you seem to be "frozen" since your original short position around DOW 8000~8100 as a result.

good luck, amigo.

-Steve