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Strategies & Market Trends : Tech Stock Options
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To: Compadre who wrote (56067)10/22/1998 10:35:00 AM
From: donald sew  Read Replies (2) of 58727
 
Jaime,

I just checked the TICK and for the first 45 minute the negative TICK only got to negative 100 range, with the DOW getting down 90 range. It appears that it would not require much negative TICK to send the market down.

Right now, as I am typing the TICK is positive and the DOW DOWN 64. Imagine if we got a negative 500 tick right now, but dont think it will. We went below yesterday's lows so that implies some negativity. I feel the bulk of a pullback will arrive next week.

Seeya
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