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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (35902)	3/4/1998 8:17:00 AM
From: joe smith	Read Replies (1) of 58727

donald, always enjoy reading your posts. i also think things are a bit pricey and due for a correction. what do you mean when you say the dow is a class one sell with a buy in tomorrow(today) at the highs???? i was thinking techs would be up today with dow down some and then all indexes would start to selloff by noon on thursday of this week. i feel there is a 30% chance that the high in the dow that we set in this run will be the high of the year. i think asia will be a factor and we will be fed a steady diet of earnings warnings next week and beyond. also, interest rates are extremely low, meaning they are more likely to go up than further down. same thing with unemployment. js

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