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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (41475)	4/27/1998 12:13:00 PM
From: donald sew	Read Replies (2) of 58727

Patrick, I am still holding to my original position that a rebound to the upside to occur WED/THUR, with the earliest happening TUE afternoon. Mathematically, I am calculating that even if the DOW drops 200 points today it will only be approaching the oversold area and not yet a CLASS 1 BUY to the upside. So tomorrow should be down again unless there is good news such as something to reduce the interest rates dramatically overnight. I am also expecting that the rebound will be fast not one where its linginering at the low for a few days. It appears that 8750 on the DOW is a possible target. Seeya

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