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Strategies & Market Trends : Tech Stock Options

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To: Kevin Walsh who wrote (28264)11/12/1997 2:47:00 PM
From: Fred Weiss   of 58727
 
from briefing.com

14:30 ET Dow -75, Nasdaq -23, S&P -8.26: In a bad sign, market has taken the good news of no change in Fed policy as another opportunity to sell...this reflects persistent underlying concerns...if bad news does come, such as is possible with PPI on Friday, market reaction could be even more severe...bonds show little reaction to Fed announcement.
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