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Strategies & Market Trends : Tech Stock Options
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To: SE who wrote (47592)7/10/1998 11:16:00 AM
From: donald sew  Read Replies (1) of 58727
 
Scott,

Feel confident that we will be going lower intraday and will close negative today for following reasons:

Market internals are not improving and actually weakening.

Of the 35 U.S. indexes I watch none of them are up and only down proportionatly, giving me the clue that there is no money rotation amongst the indexes, which was apparrent when the market was running up.

Seeya
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