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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (44059)5/29/1998 1:03:00 PM
From: donald sew  Read Replies (1) of 58727
 
Lisa,

At this time do not agree with Plonks position of adding to PUTS right now. Sure there is weakness in the market but there are also some slight signs of strength. I still feel that we will just be oscillation up and down with not true short-term direction and only a slight bias to the upside. Still feel that we will close flat today in the plus or minus 30 DOW point range.

This rally will be a weak one but still feel it will be a rally with the maximum high of 9100-9150 before pulling back again towards the WED/THUR/FRI of next week.

seeeya
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