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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 (55998)10/21/1998 5:18:00 PM
From: donald sew  Respond to of 58727
 
Lisa,

>>>>>> dang if this was going to be an up day then I wish it would have at least met yesterdays high 6 days in a row (second time this year) means tomorrow will be down.... <<<<<<<<<<

Only the NAZ was able to get close to yesterdays highs, missing it by about 13 points. I have been calling for a possible MINI-DOUBLE TOP before the bigger decline. What we got from the NAZ may be all that we get that is close to a MINI-DOUBLE TOP.

I will be initiating PUTs tomorrow if/when the market goes positive tomorrow on a intraday basis. Hopefully, I get the high for the day.
If the market tanks right from the open I will probably not chase it.

Seeya



To: ViperChick Secret Agent 006.9 who wrote (55998)10/21/1998 10:43:00 PM
From: James Strauss  Read Replies (1) | Respond to of 58727
 
Lisa:

McClellan Oscillator turned down a bit today... MACD and RSI are bending south... We could have a few days of a down market but the overall environment is more positive now... As soon as the McClellan Oscillator goes below "0" I'll be prepared to be fully invested... Now, I'm just in Small Cap Value funds and some selected stocks...

Jim