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Strategies & Market Trends : Tech Stock Options
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To: Tom Trader who wrote (22731)9/11/1997 1:45:00 PM
From: bob wallace   of 58727
 
Tom,

Well, I have been bearish for so long, that I can hardly believe what I'm thinking now, but I guess that I am just blinded by fact that it seems to be the DJIA and SP-500 versus everyone else.

I read your comment about the generals, but I guess that I just don't see another 15% decline UNLESS the VLE and the NAZ, at least, join the other two in a decline. By then, I suppose it will be too late to do anything about it. I fully agree that for 100 reasons the time is ripe for a serious decline, but I just don't see the handwriting on the wall. As far as I can see, this is just good old earnings warnings season - and another 100 points one way or another don't seem so significant. The tune may be different when actual earnings are announced

Thanks for the comments on the system

Bob
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