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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (51210)8/31/1998 12:37:00 PM
From: S. Chiang  Read Replies (1) of 58727
 
Don,

You keep saying today's low will be the short-term bottom, and that should be small, maybe just 50-100 points off the lows and only intraday. I don't quite understand what you're implying here. If the bounce is just intraday, which means tomorrow's low could be lower than today's, then is this still qualified as a "short-term bottom"? If the "short-term" you are referring to is just "intraday", then needless to say, everybody knows today's low is the "short-term" bottom. Please advise.

SChiang
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