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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (43583)5/20/1998 8:57:00 AM
From: donald sew  Read Replies (3) of 58727
 
Patrick,

>>>> Viewing it intuitively, I would say that the market's last chance this week for a meaningful rally would have to be Wednesday. <<<<<<<<

Patrick, my cycle analysis is saying 3-4 up days before it becomes overbought again, and since Monday is a holiday then the top to occur next TUE/WED (May 26-27).

Frankly, I dont think much will happen until then, and as a guess I think the DOW will trade in the 9000-9200 range until then a bigger pullback should begin next week.

Seeya

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