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Strategies & Market Trends : Tech Stock Options

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To: James Strauss who wrote (55963)10/21/1998 11:07:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 58727
 
Alan I am a Bear Chernoff saying that traders on the floor were decidely (how do you spell that word???) negative yesterday about the market

DUH

come on and give me back that 20 point rally in the S&P that we had yesterday

Just call me Janet Favors....

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10% in 8 days - 10/21/98

Q: What happens when the S&P 500 rallies 10% in 8 days during the fourth
quarter?

A: The S&P 500 falls an average of 1% a day every day for the next four days in
75% of 12 past occurrences.
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