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

To: donald sew who wrote (56070)10/22/1998 10:43:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 58727
 
Don,

I know your system is not price-based, but subjectively how much of a downswing do you expect? Perhaps a 50 percent retracement of the move from 7400 to 8600, i.e. a drop to about 8000 more or less.

Dave



To: donald sew who wrote (56070)10/22/1998 10:43:00 AM
From: Compadre  Respond to of 58727
 
Donal: You are right. There appears to be a lack of buyers rather than too many sellers.

Regards,

Jaime


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