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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (35703)2/27/1998 3:55:00 PM
From: donald sew   of 58727
 
Jim,

It is now just a matter of time, for the bigger pullback. And from I see on this thread its over the next 3 weeks for a pullback to begin.

>>> I might check IKE's prediction, and see where we are not going, until we get there. <<<

Are you trying to start trouble. ggggggggggggg

An analysis which was forwarded to me indicated that some of the previous tops saw a flattening out period of a few days, lets say 3-7 days for now. If that does happen then that would put the downdraft during the second week of MAR.

The advance decline is weak; the NEW HIGH/LOW ratio is declining; most of the indexes are down except for the DOW and a few others.

Well, I tink its time to prepare for some puts over the next 3 weeks.

I am trying to narrow the time frame to when this downturn could start and so far I am guessing MAR 11-13 (Wed-Fri, 2-3 days prior to expiration week).

Seeya
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