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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (40965)4/23/1998 12:55:00 PM
From: Tom Trader  Read Replies (2) of 58727
 
>>Geez, next thing you know, Tom Trader will tell us he did time for auto theft!<<

ROFL

Well Kevin--auto-theft would not do me justice!! My story would have all of the others beat, for sure -- but I am not sure that it is one for public consumption. And it was not that long ago, that it happened!!

But to give you just a small clue -- it was the lead story on the national news on all the net-works.

Don's story was great--reminded me of my brother who apparently fits the profile of a terrorist and gets stopped regularly before he boards international flights --- and since he does a fair amount of international travel, it happens a lot. The first time that it happened, he was taken aback -- now he is quite matter of fact about it and just goes through the routine -- until the next time.

Re the market -- we came close to hitting my stop to reverse to the short side. A sell-off later today, will almost certainly cause me to be short the futures. I suspect that we have at least one more rally to go before we see a top. One indicator that I shall call the "Latif indicator" suggests a top is not too far off. Noticed that he is getting more and more cocky in his postings -- the last time we topped was not long after he said that the Dow 8000 level was the "steal of the century". He seems to be back to that -- so the top can't be too far off:)

Lisa -- CNBC is airing something about estate planning as I write this.
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