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

To: freelyhovering who wrote (55569)10/15/1998 3:39:00 PM
From: Elroy Jetson  Respond to of 58727
 
I'll go out on a limb here and say I think we're still topping out and will soon be headed down. Time will tell. I still want to see what Monday brings.



To: freelyhovering who wrote (55569)10/15/1998 3:41:00 PM
From: HairBall  Respond to of 58727
 
Myron: Next resistance from my view was 8250 and 8350.

Regards,
LG
PS: I believe as I post 8250 has been penetrated!



To: freelyhovering who wrote (55569)10/15/1998 4:45:00 PM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Myron,

I have alot of research to do tonight. My intitial feeling is for this market to settle some with the news, before initiating any new positions.

As a technician, this news will skew the technicals extremely. Obviously they are now severely overbought, on a mathematical basis, so I have to conclude that they are basicly useless untill the market settles in some.

Seeya


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