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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (26860)10/24/1997 12:39:00 PM
From: Jerry Olson  Read Replies (1) of 58727
 
Hi TT

Holding UP??? You bet!!! I've got some cash i'm sitting on, and believe your right on sentiment...

People are scared as evidenced by the VIX & the NYSE Tick Index...

Very very negative, increasing fear in general...All in all, this COULD set up some real bargains for the next 6-12 months...

The talk about the semi equip makers is rampant and very constructive for buying!!!CNBC keeps saying how bad the semis are<g>!!!

I'm doing great in the drugs and oils, but my SVGI & DIIG don't look very good...:{ I still have IOM too, i'm holding!!

TT all in all not bad, with a nice bias to the GOOD!!!

I'll wait to enter hard after next week... Oct will be history, and we could move nicely higher in NOV-DEC... That's my read right now..

Hope your doing well, Regards, Jerry
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