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Strategies & Market Trends : Tech Stock Options
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To: Lee who wrote (41466)4/27/1998 11:40:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
As a daytrader I always look at the action in the long bond during it's last hour of trading.

I am of the thought that the bond must hold the area around 119 to give the stock market any prayer in the closing hour. It's been doing a pretty good job so far. The lowest it traded was 118.27 and it's holding at 119 right now.

But there is a lot of game time left. My earlier post was really just to provide an impression of what I think could happen late in the day.
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