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


To: donald sew who wrote (55464)10/14/1998 3:01:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 58727
 
Don-
I was getting confused because you told Tom that you were thinking of going longandI thought you had changed your forecast...

B*



To: donald sew who wrote (55464)10/14/1998 9:28:00 PM
From: HiSpeed  Read Replies (1) | Respond to of 58727
 
It looks to me like we are still in a trading range of 7400-8200. I think if we see 8100 and change tomorrow it could be a good shorting op.

With the dollar getting weaker, companies are going to have a better chance of meeting and exceeding estimates in the future but we'll see. With respect to that scenario, could the market break out of this trading range to the upside?

I'm still bearish, and would like other's opinions.