Tech Set Up For Puts

  • March 7, 2001
  • Dave Landry

Technology in general
(
$PSE.X |
Quote |
Chart |
News |
PowerRating) still
looks poised to resume its downtrend. Look for buying opportunities in puts and
put spreads on a follow through to the downside.

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Broadband
(
BDH |
Quote |
Chart |
News |
PowerRating) appears to be resuming its strong downtrend. Look for buying
opportunities in puts and put spreads here.

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Broker/Dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still looks poised to resume its downtrend.
Look for buying opportunities in puts and put spreads here.

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Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating) is in day two of its pullback from lows. Look for a buying
opportunities in puts and put spreads here on any resumption of weakness.

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Computer
technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still looks vulnerable. Continue to look for buying opportunities in puts and put spreads here on any signs of a
resumption of its downtrend.

Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) have set up as a pullback from lows. Look for buying
opportunities in puts and put spreads here.

Best of
luck with your trading on Thursday!

P.S. Reminder:
Protective stops on every trade!

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