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Strategies & Market Trends : Tech Stock Options

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To: jjs_ynot who wrote (42663)	5/8/1998 9:58:00 AM
From: donald sew	Read Replies (2) of 58727

Dave, >>> Look at the bonds. Interest rates jumping to almost 6 percent again. <<< The DOW was up 70+ points, which is showing the upward pressure. It is retreating quickly, now only up 43. As long as the interest rates are around 6%, better if below, then this market will have at least one more spike up. Per my previous note, I received a CLASS BUY signal to get in at the low today. If the DOW gets to negative 50-100 I will get; however I may adjust the buy-in if the DOW gets to negative 25. I feel that there will be a sell-off later in the day.

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