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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (32736)	1/10/1998 1:23:00 PM
From: J.T.	Read Replies (2) of 58727

don, Nice analysis. I think you are dead on the money with 7850 being the apex for the DOW nearterm. We could be up out of the gate Monday, still to early to tell. The question is, how much will the boys use the rally to sell into, if at all. In other words, your buy-in Class 1 could be right out of the gate where the market turns up say 40 out of the blocks. At that point, the boys might use that rally to sell into and we may be down 40 before recovering to finish whereever we finish. It might be better to wait one hour and watch although some opportunities might be lost. Any thoughts? JT

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