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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (49609)8/10/1998 2:32:00 PM
From: Electric  Read Replies (1) of 58727
 
Don,

An itsey tiney Q for you..

In your analysis you have been mentioning that the pop we are seeing ought to follow through to Tuesday, is that accurate?

What is your take that after such a big drop that we didnt eat it all up in one session, in fact it has been a slower steady move up. Like today, I was watching the futures and listening to the news, and thought today might be a rough one, but things are orderly in the face of alot of global gloominess..

What my Q was, is in light of how the move up has been slower, and the
market internals seem better (not as much today) is your time frame the same as it was last week? Or do you think this is a slow way back to health?

I expected a fast run up based on bottom fishing, and then a test of lows. Still the day is not over, and the dreaded bond close can bring many things, but I would appreciate your insight..

Later...
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