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Strategies & Market Trends : Tech Stock Options

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To: HairBall who wrote (53224)	9/18/1998 12:44:00 PM
From: donald sew	Read Replies (1) of 58727

LG, >>>>> I am sure you have noted that this drop off the stair (using your stair step analogy) has been much less demonstrative than previous drops. This indicates more of a struggle in the market this time! <<<<<<<<< I just checked the previous stair-steps at 9000 & 8600, but it appears to be too early to really tell. The drop from one step to the next took 3-4 days. If we dont break 7400 by TUE , then I would agree that it is not following the same pattern of the previous stair-steps. However, this stair-step is different in the other stair-steps for other reasons.

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