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Strategies & Market Trends : Tech Stock Options

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To: Darth Trader who wrote (37145)3/23/1998 2:44:00 AM
From: Patrick Slevin   of 58727
 
Good Strategy. Against my better judgement, I allowed a broker to sell me some TSRI stock a week or two ago at 25 and just noticed it's at 19.

He also tried to get me in for a lot of some $106 stock which is somewhere less than 100 now. A friend of yours?
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Well, well. I railed against the analysts too soon, it appears. Some actually are concerned with earnings, as per this Yahoo! news
dailynews.yahoo.com

Something else I read, however, made a strong case for the market to get parabolic and stay there for an extended period. The reference was to Japan, where the market was overbought at 28,000. However, it took another year and 11,000 points before it broke down.
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