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Strategies & Market Trends : Tech Stock Options

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To: The Jedi who wrote (27166)	10/28/1997 1:11:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

The big call was to be short before today.....I don't think any of us were concerned with what the next projection would have been... I think 7600 was the number, though 7500 seems okay. If I recall correctly, the DJIA has not closed below 7600 since June 11....it did bounce off it 3 times, I think. The "All is Well" mentality Wall Street always puts up is nice media stuff. But most of these traders go home flat...and the fund managers would like a rally so they can sell into it, throwing up a cash reserve against redemptions and downturns.... Anyway, the owner of my ISP must have been long and strangled himself with his T-3....I have lost e-mail access so much of my info is lost. If anything I get seems important I'll post it.

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