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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (37926)3/31/1998 4:09:00 PM
From: donald sew  Read Replies (1) of 58727
 
Electric,

I was actually looking to play either the BANKS or DRUGS this morning, but now I may just sit on the sidelines to play strickly play puts.

Unless tomorrow is down big, I will just wait a week to go short.

Today's performance in the DOW is just another technical sign that this rally is definitely SLOWING DOWN. Dont get me wrong it can still move up, but forget about 10,000 or even 9500 for the near term.

Seeya
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