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Strategies & Market Trends : Tech Stock Options

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To: Bluestryp who wrote (22233)9/7/1997 8:19:00 PM
From: Tom Trader   of 58727
 
>>How do you read Greenspan's latest babble , how's that going to affect the bonds on Monday?<<

Greenspan did not say anything that he has not said before regarding being vigilant about inflation, etc. But that is neither here nor there--I'll be watching the bonds to see how they react and if they over-react on the downside, it would suggest that the bonds want to head lower and will be further confirmation of the downward trend.

I think that the bonds will head lower and the real question, if this happens, is whether this is a knee-jerk reaction or further pressure on the downside.

Good trading
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