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Strategies & Market Trends : Tech Stock Options

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To: Gersh Avery who wrote (38759)	4/9/1998 11:27:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

It's not easy to get a handle on all this....the news keeps breaking from Asia every few minutes. I just heard Indonesia is tightening Monetary Policy for example. What could that mean, how will it affect Japan's exposure there...etc, etc. Anyway, today is acting like I tend to think most Pre-Holiday trading acts. That is, a reversal of the prior couple of sessions. Monday through Wednesday were so dominated by selling (regardless of the 9000 plus close on Monday) that people are squaring off and getting flat. So, although it might be a sucker rally I wouldn't sell into it I don't think.

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