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

To: HairBall who wrote (56868)11/3/1998 8:55:00 AM
From: Stephen  Read Replies (2) | Respond to of 58727
 
LG - thanks for the chart - interesting. Soooooooo the $64,000 dollar question (and I'm very keen to hear the answer) is .... are you looking to buy on a dip, and if so, what criteria will you be using ??.
I'm short of time due to baby minding duties - so ..... keeping nimble would be difficult (I'm mostly cash right now).

Thanks as always

Stephen



To: HairBall who wrote (56868)11/3/1998 9:51:00 AM
From: PnclNk  Read Replies (1) | Respond to of 58727
 
LG,

I agree that the specialist shorting level seems ominous but looking at the Market Gauge chart it does not seem that the level of shorts aligns very well with other turning points like the peak in July. Is the "smart" money really that smart?

Pencil Neck


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