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Strategies & Market Trends : Tech Stock Options

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To: Stoctrash who wrote (54867)	10/6/1998 11:10:00 PM
From: donald sew	Read Replies (3) of 58727

INDEX UPDATE ---------------------- Per previous notes, it appears that a MINI-STAIRSTEP in the 7500-7900 range may be developing. Needless to say that the market internals were weak/lack of strenth to justify the rally in the morning. More and more indexes are starting to set lower lows. The international markets could pop up some more but the pop should be over very soon, within days. As previously indicated, feel that the forthcoming downswing, which could be a very strong one to break 7400, should occur between OCT 7-13. Since it is possible that this mini-stairstep is developing there may be another attempt to break 7900. Seeya

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