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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (52808)	9/16/1998 11:29:00 AM
From: AlanH	Read Replies (2) of 58727

Donald, once again volume on down moves is very low... As we lost 25 INDU pts in 5 minutes (10:20et), volume was among the lowest of the day. This does not suggest selling, rather a break in buying -- a momentary tilt in supply/demand. Should buyers gain the slightest confidence, we could have a rather pronounced rally. As far as individual issues, this looks like a giant shell-game to me. Money seems to be sloshing around from stock to stock, but not departing the market. This suggests to me that investors -- although cautious -- are afraid of missing the next upsurge. What d'ya think? -Alan

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