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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (42202)	5/5/1998 7:07:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

One caveat re:the DJIA I think indices like the S$P and the OEX have outperformed the DJIA recently and the DJIA has played catch-up. Just a thought on the defensive side, were I short. Another problem, one I noticed in a comment today, is that intra-week traders are reluctant to hop on a breakaway open on Monday morning and prefer to wait for a Tuesday/Wednesday pullback. However, on the plus side (for the short-side) the US8M is off 8 ticks at 120.03; I don't know if it has anything to do with what I understand Clinton said. I don't have a moment to dig up the reason, as I have to start getting kids off to school.

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