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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (38549)	4/7/1998 4:19:00 PM
From: donald sew	Read Replies (1) of 58727

Patrick, Per my earlier note today, it appears that tomorrow may have a mini-up-bounce, and at the end of today there was a substantial bounce, taking the DOW from negative 140 to negative 76. This will just be a part of the downtrend and an end to it. I need to recheck the short-term technicals once the data is updated tonite, but it appears that the NAZ may be a CLASS BUY. I know, many may think it is too soon. Will report early tomorrow morning. Such may give us another opportunity to get more PUTS. So far I am still not seeing the huge dramatic drop yet, just a normal technical correction, but its not over yet either. Seeya

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