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Strategies & Market Trends : Tech Stock Options

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To: WBendus who wrote (45876)	6/15/1998 3:01:00 PM
From: Patrick Slevin	Read Replies (1) of 58727

I think once the bond closes all hell is likely to break loose, likely to the upside. The bond has been strong in the afternoon and depressing the market as per the divergence. Once it closes the pressure will be off somewhat. Personally I put in a limit order to close out half my position but missed it. My guess is it rallies up....but I have not been watching the external issues you have...just the way the bond is tracking. While day-trading, I try to keep it as simple as possible. I can't keep too many things in my mind at the same time. And people wonder why I wish to develop a position trading strategy----damn spoos have been in a 3 point range for over an hour.

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