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Strategies & Market Trends : Tech Stock Options
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To: Jerry Olson who wrote (38878)4/9/1998 7:44:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
I'm showing they closed up 770, at 1119.50

This gives me the thought that Monday should be greeted with selling on the open (Barring unusual news).

This selling should be rallied into, then sold down again. Somewhere during this second wave of selling shorts should be covered and the market should recover into the end of the week.

The following week should see the "real" correction.

But don't tell anyone. I want it to be a surprise.
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