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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (21755)	9/2/1997 10:33:00 PM
From: Tom Trader	of 58727

>>Are you enjoying this market? I know you asked this of Michael--but I think that it is wonderful, It would have been even more wonderful if I had been more aggressive on Friday:) >>On Friday TT posted that the short and intermediate term trends are down, and today TT sees the short and intermediate term trend as up<< I go with the signals, luv--the short term trend changed when the futures hit 911. The intermediate trend changed when the SPX continued to roar ahead towards the close. The short term trend change was no real surprise -- the intermediate trend change was a surprise. But then it's not often that we get days when the DOW is up 250+ points. >>Market is not stable Can you elaborate--I don't see the instability that you are rreferring to. Tomorrow I will add to my positions--with specific stocks as opposed to OEX. May also increase my position in the futures if the market pull back a bit. The trend changes make me a lot more comfortable getting more invested. Not sure as to the duration of this rally, though today's breadth was good--but I think it is tradeable and that is the way that I will play it. Take care, my dear

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