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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (53958)9/26/1998 6:39:00 PM
From: Herring  Read Replies (1) of 58727
 
I am pretty new to this thread but it seems to me that everybody believes that the market will gap up monday and tuesday and than start the retreat on wed/thur. If everybody think that would not people try to beat the market and sell before the retreat. Seems like reality is something this market has not heard of - which to me is very bullish. Investors do not want to believe the bear is here, and therefore try to ignore bad news, as we saw on friday. Even though most people believe mon/tues will gap up I tend to believe that it will not based on that fact.

IMHO

Herring
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