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


To: ViperChick Secret Agent 006.9 who wrote (55201)10/10/1998 6:18:00 PM
From: epicure  Respond to of 58727
 
I am much worse at spelling than you are gopher babe- and I am proud if it. It is good to be very very bad at something, some people are only mediocre.

As for the rally Favor's sees next week, and Don too I think, it looks fairly powerful to me. Rarely do so many stocks turn up in concert the way they have just done. I do not have any indicators that give magnitude- does anyone out there have any ideas as to magnitude? I thought the break through 7900 was significant- although I understand why Don would want to see it broken by 50 points or more. Everyone seems hot to buy puts on Monday but this rally seems like it could last more than just one more day. I HATE to be real early- rather not fight the tide, which looks like it might lift most boats next week.



To: ViperChick Secret Agent 006.9 who wrote (55201)10/10/1998 6:38:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
INDEX UPDATE
---------------------------

Per previous post we discussed the MINI-STEP in the 7500-7900 range, and the start of the decline to start in the OCT 7-13 timeframe. Even though the DOW my break 7900 to the upside, there is no change in the timeframe.

Surprisingly, per my short-term technicals, all of the indexes are in the midrange with some already in the overbought region/CLASS 2 SELLS.
Whenever its in the mid-range, its a flip of the coin basicly and the market is most susceptible to news. The upside potential is no more than 2-3 consecutive updays before it becomes a CLASS 1 SELL.

At this time, I am suspecting the next downswing will start on TUE, and since I am normally off by a day, the down swing should start MON/TUE/WED.

This upcoming downswing will, at least, test last THURs lows. The probability of breaking the 7400-7500 support line has increased strongly. Unless the DOW breaks 8182 significantly(50 points), the downswing is still intact. Prior to the the 8182 resistance, there are some minor resistance lines at 7952,8033,8102. At this time I do not feel that the resistance at 8182(8232)will be broken, and only a slim chance that it will get that high.

Even though the market internals have improved slightly, they do not support a rise of over 400 points in 1.5 days. It strongly appears that a BUBBle is developing fast, since on each rebound recently, less and less stocks are participating in the rebound.

Seeya




To: ViperChick Secret Agent 006.9 who wrote (55201)10/10/1998 10:58:00 PM
From: Barbara Barry  Respond to of 58727
 
Lisa,
Why even respond to someone named after an enema???<GG>
One special thing about this thread and Bill's is that such posts are few and far between...thank God!...so let's ignore or do the "time out" thing!I can't say what I really want...JR. is too close by!
Nite!Busy weekend with lots of family in for my Mom's 80th...she had me @ 50!<VBG>
Regards,
Barbara
PS.....I am going to have JR figure out prms for us!



To: ViperChick Secret Agent 006.9 who wrote (55201)10/11/1998 8:43:00 PM
From: Kenneth R Miller  Respond to of 58727
 
OT.. the following authored by a very young person:

Who scratched my car?

>>Aren't children fun?
>>
>>--- Somewhere in America, next week:
>>Dad: Son, come in here, we need to talk.
>>Son: What's up, Dad?
>>D: There's a scratch down the side of the car.
>>Did you do it?
>>S: I don't believe, if I understand the definition of
>>"scratch the car", that I can say, truthfully, that I scratched the
car.
>>D: Well, it wasn't there yesterday, and you drove the car last night,
>>And no one else has driven it since. How can you explain the scratch?
>>S: Well, as I've said before, I have no recollection of scratching
>>the car. While it is true that I did take the car out last night, I did
>>not scratch it.
>>D: But your sister, Monica, has told me she saw you back the car
>>against the mailbox at the end of the driveway, heard a loud scraping
>>sound, saw you get out to examine the car, and then drive away. So
>>again I'll ask you, yes or no, did you scratch the car?
>>S: Oh, you mean you think you have evidence to prove I scratched it.
>>Well, you see, I understood you to mean did "I" scratch the car. I
>>stand by my earlier statement, that I did not scratch the car.
>>D: Are you trying to tell me you didn't drive the car into the
>>mailbox?
>>S: Well, you see sir, I was trying to drive the car into the street. I
>>mishandled the steering of the car, and it resulted in direct contact
with
>>the mailbox, though that was clearly not my intent.
>>D: So you are then saying that you did hit the mailbox?
>>S: No sir, that's not my statement. I'll refer you back to my
>>original statement that I did not scratch the car.
>>D: But the car did hit the mailbox, and the car did get scratched as a
>>result of this contact?
>>S: Well, yes, I suppose you could look at it that way.
>>D: So you lied to me when you said you did not scratch the car?
>>S: No. No, that's not correct. Your question was "Did I scratch the
>>car?" From a strict legal definition, as I understood the meaning of
that
>>sentence, I did not scratch the car... the mailbox did... I was merely
>>present when the scratching occurred. So my answer of "No" when you
asked
>>"Did I scratch the car" was legally correct, although I did not
volunteer
>>information.
>>D: Where did you learn to talk like a complete idiot?
>>S: From The President of the United States.