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


To: HairBall who wrote (56074)10/22/1998 12:06:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
LG,

I was on and off this morning, and about 30 minutes ago my PC locked up on me. I turned it off and guess what - back to normal.

I didnt do a thing - hold on, I did erase my NETSCAPE.HST files which I normally do as a pratice.

As for my index update, no change to previous ones. As indicated in earlier updates, I indicated the short-term top/decline will start WED/THUR/FRI, so feel we are right in line. Unless we surpass yesterday's highs of 8561 this downtrend is still active. Keep in mind that we surpassed yesterday's lows already intraday, which implies further downside.

I would not be surprised if there is a bounce tomorrow though, nothing large.

Interesting that the NAZ was only 7 points away, earlier, from forming a MINI-DOUBLE TOP. We need to see the NAZ break for this decline to intensify some. The NAZ recent highs at 1687 needs to hold, to confirm that this downswing will continue. Looking fine for PUTs at the moment. And, yes - I do have PUTs

Seeya