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Strategies & Market Trends : Tech Stock Options
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To: Gersh Avery who wrote (55673)10/16/1998 10:59:00 AM
From: donald sew  Read Replies (3) of 58727
 
Gersh,

>>>> Durations of the up movements are still much greater than that of the down movements. As long as the market is trending up during the time that people are getting the bad quarterly news, the small guy will be much less inclined to panic. I think that we could see some small panic from the small guys that had moved out of stocks and think that they may have missed the bottom. <<<<<<<<

That makes sense. So if there is some sort of small pullback in the next few days, say 100-200 points, many will use it as a buying opportunity, then back up to retest the peak, wherever that occurs.

Seeya
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