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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (48033)	7/18/1998 10:59:00 AM
From: Barbara Barry	of 58727

Don, FYI... I thought it quite interesting that CNBC said yesterday that only 50 of the S&P500 were resposible for 80% of the gains. Now, I have always adhered to the 80/20 principal myself,but that is ridiclous. Your scenario sounds feasible but I will be very cautious IF I by puts not to get snared in another bear trap.I don't know if this top will end your trading range just yet.IMHO.That is not to say a severe correction is not on the horizon.The next couple of months should definately test our metal!<VBG> Regards, Barbara

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