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Strategies & Market Trends : Tech Stock Options
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To: freelyhovering who wrote (55569)10/15/1998 4:45:00 PM
From: donald sew  Read Replies (2) of 58727
 
Myron,

I have alot of research to do tonight. My intitial feeling is for this market to settle some with the news, before initiating any new positions.

As a technician, this news will skew the technicals extremely. Obviously they are now severely overbought, on a mathematical basis, so I have to conclude that they are basicly useless untill the market settles in some.

Seeya
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