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Strategies & Market Trends : Tech Stock Options

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To: Nemer who wrote (49914)	8/14/1998 3:43:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) of 58727

jerry favors talks so fast I cant vouch I got all this right: some further decline next week possible close to short term low but always a secondary rally in the past 150 years..and causes people to turn bullish all over again retrace 40 to 80% of decline..average 62% and then down we go when in a double top pattern favors is flat waiting for secondary rally and will get short then and but rally could be stronger than he expects violation close of 1060 or 8400 today doesnt change the fact we would get the seocndary rally market internals getting stronger Aug 18th plus or minus two days important cycle date

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