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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (46465)	6/22/1998 9:37:00 AM
From: Barbara Barry	Read Replies (1) of 58727

Don, I posted on the BK thread to Bill but would also like your feedback as you are starting to see what I see and with a totally different method.I studied the oex, and some others on tc2000.I looked at several time frames and played with the zoom.No matter what chart I used I kept seeing a set up like last Sept.I have been suggesting a failed rally coming up soon before going to new highs,but now I suspect a much bigger drop by July or August.I know I shouldn't take into account any "noise" but the fundementals and many technical indicators and divergences have been worse of late than last Oct.Today is the first time in quite a while that I am truly getting that uneasy feeling about this market.Your calls have been very informative and I appreciate your posts,so since we both are perhaps seeing the same scenario I wanted your feedback.TIA Regards, Barbara

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