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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (37207)3/24/1998 11:07:00 AM
From: joe smith  Read Replies (1) of 58727
 
donald,

your posts are well written and easy to understand. forget about doing any dishes. this market is defying all fundamentals and is moving up largley because of the billions that pour in everyday. i have been wrong about a correction for the last 2 months. i have just about stopped beating myself up over that one. im actually quite happy that the market has gotten to these levels. its like the green giant story. the bigger they are, the harder they fall.

i dont use any software, but would probably find great pleasure in fine tuning things to give good buy/sell points on stocks and indexes. thats the engineer/geek side of me. my gut has been pretty reliable for the last few weeks. i see things strong thru the close today. tomorrow depends on where we finish today. im thinking tech may be up at the open, but will end up down, wiping out most of todays gains.

sox is a dog. it usually moves up decent when techs are up big like today. its starting to show some life, but not much. i've got about half my shorts in that sector right now.

keep those index updates coming
js
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