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Strategies & Market Trends : Tech Stock Options

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To: joe smith who wrote (40495)	4/21/1998 5:28:00 AM
From: donald sew	Read Replies (1) of 58727

Joe, This market will come down, and it needs to come down very soon regardless of the size. If it doesnt rest a bit and only continues up I am strongly suspecting that when it does come down, the BULLs may be in really bad shape. Just on a technical basis it needs to pause in order to establish support lines, etc. Since Im still relatively new, still need a good explaination of what a BLOW-OUT TOP is. I am assuming it is when there is an abnormally strong movement up before a strong selloff. Technically, I am getting hints that the market may have switched gears back to the upside, or is this the blow off top, if I got the definition right. Seeya

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