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Strategies & Market Trends : Tech Stock Options

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To: FJV who wrote (49253)	8/4/1998 8:40:00 PM
From: Patrick Slevin	of 58727

<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.> I don't know, we have had several of those. The buy the dip crowd may be getting a bit shaky now. Sure we can drop another thousand points but now is the time to start thinking about positioning the other way, I'll bet. And I am betting. I agree it's early but the spoo may have another 30 points down I would think. This is marginal at this point. A few hundred DJIA points more or less. Actually, I'm sorry as I am not in the correct frame of mind to discuss this. For I am a Shakespearian act-or. Alas, poor Yorick. I knew him, Horatio. A fellow of infinite jest. Sorry Franco. I started out serious but I cannot hold it together as I I am taking a break from this mortal coil. Or whatever.

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