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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (38715)	4/8/1998 11:20:00 PM
From: donald sew	Read Replies (3) of 58727

Patrick, As for David's targets before expiration, I just dont see any technical indicators hinting of a pullback to the 8150 range. Anything is possible, but per my technicals cant find a hint of it. As for tomorrow, I still see a bias to the downside but nothing extraordinary, and it is not even a strong bias to the downside. As you are aware that I mainly do my analysis on time, I still still see the market to be down 2 more days/maximum 3, so Monday/Tue should be the last day of this down cycle. I had previously indicated that this down cycle should last 4-5 days. Still keeping with the 8750 support line. Seeya

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