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Strategies & Market Trends : Tech Stock Options

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To: jjs_ynot who wrote (41308)4/26/1998 7:23:00 AM
From: donald sew  Read Replies (1) of 58727
 
Dave,

For now, my analysis is saying:

1) rebound at end of month thru 1st week of MAY, up cycle of 4-8 days
2) then flat for a few days in second week of MAY
3) then we begin a range trading period, where the next pullback will be less than this one.
4) progressively to set lower highs and lower lows
5) the big pullback in the summer

Key will be the interest rates. If rates climb above 6% such will intensify the pullback.

Seeya
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