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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (35541)	2/25/1998 2:22:00 PM
From: Nemer	Read Replies (1) of 58727

VoodooQueen: SPX is at the high right now, just as I checked the market. doesn't appear it will hit 1045.75 which I have as a strong projected ceiling.... This is a tough market on retreats and wants to run, run, run. I said that the close yesterday supprised me as to the lack of commitment to the decline. There is lotsa money hitting the board right now. There is some minor support at 1043.50 and more support at 1041. SPX appears to be just taking a little shallow breather and ready and is getting ready to run some more....... Danged if I know when it's gonna blow up BUT when it does, the way it's acting right now, it will make a big messy ......ggggg Regards---Nemer

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