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Strategies & Market Trends : Tech Stock Options
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To: Jack of All Trades who wrote (51565)9/4/1998 4:23:00 PM
From: AlanH  Read Replies (2) of 58727
 
Jeffrey, re:trap

Dunno. My guess is for a BIG rally on Tuesday. (Of course, this assumes that we escape global catastrophy over the holiday.)

The action over the last two days (although unnatural) looks like buy-side interest with the market drifting due to lack of interest -- not dropping due to aggressive selling. (Perhaps, late day trading could have been short-covering prior to Labor Day?)

BWTHDIK
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