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Strategies & Market Trends : Tech Stock Options

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To: Philipp who wrote (52971)9/17/1998 9:50:00 AM
From: donald sew  Read Replies (1) of 58727
 
INDEX UPDATE
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I would not be surprised that the BIG BOYS will attempt to take the market back up today and tomorrow, and try to close it substantially above the lows.

If that does happen, I would not immediately take it as a positive sign. Sorry, I got that RUBBER BAND/GUITAR STRING theory, which would imply that all it will do is delay and intensify the downdraft after option expiration week is over.

Seeya
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