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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (41545)4/27/1998 3:04:00 PM
From: Tom Trader  Read Replies (1) of 58727
 
My sense is that given the downward momentum,

there would most likely be a retest of the lows tomorrow--assuming that it did not break-down further today. I see that the bonds are now off their lows but still down considerably.

I think that it is a safe bet that the weakness in the bonds will continue over the next couple of days and this will spill over into the stock market. This may set things up for a bottom to occur within the time frame that Don has been talking about.
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