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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (30517)	12/5/1997 4:25:00 PM
From: Patrick Slevin	Read Replies (1) of 58727

Thanks. If not, nothing ventured. etc. My short-term perception is -the week was seasonally bullish and that's over. -the market has been taking rests after days like these recently...this one being an outside lower low higher high day gives me the impression that Monday should either start off with a gap-down and bail me out right away or have an up open with a selloff into lunch so I think the position won't hurt. -and finally because Unemployment Friday is usually the most volatile day in the month I believe the rally extended itself a tad too far and a retracement is in the wings. Have a good weekend

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