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Strategies & Market Trends : Tech Stock Options

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To: Stoctrash who wrote (49249)	8/4/1998 8:27:00 PM
From: FJV	Read Replies (2) of 58727

<<Hillarious if you asked me.....BULL TRAP,, LOL LOL!!! I think there are too many people looking to SELL this NEXT Rally already.(like lisa, me, etc) >> I agree that most people on this thread would be astute enough to see the May-June run up as a bull trap. There is, however, still a lot of complacency among the buy the dip crowd. What Favors seems to be saying is that a powerful ST upward spike may convince the unconvinced that its safe to get back in the water. That's when it will drop like a stone. Just another angle. I agree with you that the market was effectively finished in April when the Trans hit new highs and have been tanking since. FWIW. Franco

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