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Strategies & Market Trends : Tech Stock Options

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To: MonsieurGonzo who wrote (29247)	11/23/1997 10:16:00 PM
From: j g cordes	Read Replies (1) of 58727

_Steve.. "What's the Trend (nothing else matters)" Actually, as a contrarian, everything else matters to me.. the trend is obvious. I agree with you on the CNBC and CNNfn... someone ought to devise a daily listing of what they are focused on because those elements have a tradable following. On the other hand, a friend came back from the Chicago options pits, he said they had no idea what was on the news each day, just too busy to care. I have a feeling that the indexes often move faster than the news, ie the news is a trailing rationalization which has some inertial following if its impact is accumulative like the Japan Yamaichi failure or Asia, otherwise its entertainment.

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