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Strategies & Market Trends : Tech Stock Options

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To: Linda Kaplan who wrote (54737)	10/5/1998 10:32:00 AM
From: donald sew	Read Replies (2) of 58727

INDEX UPDATE - INTRADAY ------------------------------- Been watching the TICK movement this morning, and so far it does not appear that the there is huge negativity in the DOW, althought the NAZ and SPX are weaker, especially the NAZ. I am still expecting a small bounce sometime this week, maybe 100-200 points off of the lows of that specific mini-cycle, wherever that is. Just dont want to confuse some that it would be 100-200 point upswing off of Friday's close. Once that mini-upswing is over, which I suspect should occur between OCT 7-13, then the strong downswing should start which should break the 7500-7400 support area. Wow, the NAZ is now down 53. The NAZ should also bounce soon also. Seeya

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