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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (56526)8/19/1999 11:19:00 AM
From: briskit   of 120523
 
OJ, bet you've seen (or just know) this Dorsey word for P&Fers...

James Strauss (23417 )
From: Ms. X ( Ignore )
Thursday, Aug 19 1999 11:07AM ET
Reply # of 23421

A brief comment from Tom Dorsey about the market.

Everybody, don't forget this week is options expiration week. This volatility is normal.
Also keep in mind that the average daily volatility is 100 points now so moves of 100
either way is normal. Short term indicator are firming up but I would like to get past this
expiration week before any changes take place. Don't buy into market pundit articles on
doom and gloom. Stick to the indicators. We have been on defense and remain so. That
is all that is important. As these change we change. Let the indicators guide you not the
newspapers.
Tom
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