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Strategies & Market Trends : Tech Stock Options
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To: James Strauss who wrote (51325)9/1/1998 4:54:00 PM
From: Wally Mastroly  Read Replies (1) of 58727
 
Jim,

What do you think about that Dow close (+288) on very high volume (NYSE & Nasdaq)?

Dead cat bounce - or the buyers are back? I think they may be back - at least until the next crisis.

Also agree with your opinion on the Fed. I think its time for Allan Greenspan to speak up about the strength of the U.S. market - a small hint about less concern about inflation wouldn't hurt either. Allan doesn't seem to be shy when the market runs up. A sensible word or two from him might help calm down this wild market.

Wally
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