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Strategies & Market Trends : Best Option Strategies and Option Insight

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To: Mr.Manners who wrote (76)	3/26/1998 12:39:00 PM
From: wiley murray	Read Replies (2) of 245

Hi Kasha, Thanks for your detailed comments.Volume and price is where it is at. You have all of these various news items converging at times. We need to keep checking the most active stocks, and those making highs constantly to determine where the action is at any given time.Short term position trading is necessary even in this bull market. People who have been in the market and have experienced ONLY an up market will really PANIC when stocks start to slide. Stocks like AMZN will be dropping like a stone.It has a minus PE.Who will stick with that type of stock?! Bill Steidman the senior commentator on CNBC was very bullish on bank stocks today. He looks for more mergers between S&L, regional banks, and brokerages, etc etc. It would support your WFC rumor.

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