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Strategies & Market Trends : Tech Stock Options

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To: B.REVERE who wrote (55074)10/8/1998 11:02:00 PM
From: Compadre  Read Replies (1) of 58727
 
Hello BR,
My trading system gives "BUY" signal today, The market will go up
tomorrow. It is very high probabilty that the market will go up next
week, particularly Monday, Tuesday and Wednesday because the week of
option expiration is usually biased toward the upside, and the market
is very OVERSOLD.

The market will focus on EARNING reports which will probably
determine the future direction of the market. I know a lot of people
are very bearish, they expect a lot of companies will have very bad
earning reports. But sometimes, it is not as bad as most people thinks

Jimmy
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