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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (35437)	2/24/1998 9:30:00 AM
From: donald sew	Read Replies (3) of 58727

Patrick, You are correct that if there is just a zig-zag pattern, that in itself will be a consolidation period with just small dips. We will just have to wait and see it. Regardless my timing period to get in on the long side still has not changed, still on THUR/FRI. Please keep in mind that I am not saying that THUR/FRI are up days, just that they are the buy-in days and hopefully they are down days. The DRG will be down today with the GLAXO deal terminated, so this may be a sector with some opportunity on the long side, depending on how low it goes. The XOI and OSX are still value plays with yesterdays performance, but the question is how long will it take for them to pop back up, and when will they decouple from the price of CRUDE. Seeya

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