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Strategies & Market Trends : Tech Stock Options
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To: J.T. who wrote (32843)1/12/1998 7:16:00 AM
From: donald sew  Read Replies (1) of 58727
 
JT,

Your point is very valid. Per my earlier note, if the Asian market is down, which it is, then I will wait till the afternoon to buy, and the later the better. In an extreme market as it is now, it is very difficult to nail the bottom, I was just stating my strategy to get in.

My strategy now will probably wait till 3:30 to see the direction. Yes, it could reverse before then, then I will not initiate any new trades if the market runs up prior to 3:00.

Seeya
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