Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3230)	12/8/1997 12:35:00 PM
From: VALUESPEC	of 7396

The techs are up nicely today, but the market isn't following their lead. Up until today, they were. I just shorted MSFT @ $ 146.06 and DELL @ $ 95.75 looking for a point or two, when/if profit-taking comes along. I expect to be able to short the s&p when/if the techs sell-off for some profit-taking later in the day. The Dec s&p futures is 935.70 as I right this. The s&p is 984.30. Bonds are also slowly losing ground which could help encourage some profit-taking. Bonds 118.09 Or will the s&p ralley anyway? I still think techs will lead the market down some later today. VALUESPEC

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