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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (44734)	6/4/1998 10:28:00 AM
From: Patrick Slevin	of 58727

I don't look at the DJIA so much, I suppose you are looking for to hold at March's late lows.... I'm more focused on lower...hoping for a break of last week's spoo lows where I shall tighten stops and wait for a sharp bounce..... Thus far it's sort of paralleling to the two prior days a bit. Particularly the 19th where it was sideways right up to 2 ET. Anyway, I think an early breakdown begs a late, rapid bounce. Either way, I don't care. I may just leave until 2 and do something then....I'm convinced that's when the action really kicks in. Of course, I am referring to the SP8M, not the DJIA.

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