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Strategies & Market Trends : Tech Stock Options

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To: jjs_ynot who wrote (40718)4/22/1998 10:05:00 AM
From: donald sew  Read Replies (1) of 58727
 
Dave,

>>> Are you getting a read on the broader market (e.g. SPX). It looks due for a short term (1 day correction) but then up for about a week at least. <<<

As for timing, my technicals are saying that the best environment for a pullback is these next 5 days with the best of the 5 being tomorrow.

As for how long and how big of decline, it appears that sny pullback will not be that deep, but to say 1 day drop, that I have no clue.

Seeya
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