Tech Still Vulnerable But Already Oversold
- February 16, 2001
- Dave Landry
There’s not much to look at tonight (Friday).
Although, most of technology looks like its heading back to its old lows, its so
oversold it’s probably too late to establish positions.
recently, still looks constructive. Continue to
look for buying opportunities in calls and call spreads here on any resumption
PowerRating) continue to hold up
well in this poor environment. Continue to look for buying opportunities in
calls and call spreads here.
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PowerRating) has now returned to
near its old lows. If it can stabilize here, it has the potential to make a big
picture double bottom.
luck with your trading on Tuesday!
Protective stops on every trade!
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