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Strategies & Market Trends : Tech Stock Options

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To: The Perfect Hedge who wrote (35926)3/4/1998 12:09:00 PM
From: donald sew  Read Replies (2) of 58727
 
Beeble,

I have not yet initiated any PUTS. Not so sure the downtrend will continue for today. Have noticed that the NEW HI/LO ratio is still relatively bullish, which is giving me the impression that money is still rotating. In fact, the NAZ ration right now is higher than yesterdays.

I am not saying that the market will not pullback, but it may take a few more days. Will be watching during lunch carefully.

Seeya
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