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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (36817)3/16/1998 3:30:00 PM
From: donald sew  Read Replies (1) of 58727
 
Nemer,

I got the urge to pull the trigger on a DAY TRADE PUT. The DOW is up 100, and the NAZ up 15. But the NDX and MSH are only up 10 and 3 respectively.

The bigger NAZ/HiTECH stocks are not as strong as the rest of the market. It normally means that the rally is broadening, but is also giving the hint that the bigger stocks are getting ready lead the rest to the downside in the near future.
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