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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (56098)10/22/1998 2:42:00 PM
From: donald sew  Read Replies (2) of 58727
 
INDEX UPDATE - INTRADAY
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The NAZ just equaled and pierced the recent peak at 1687 slightly. If it is broken significantly (10 NAZ POINTS), it could minimixe the downward pressure in the DOW or even pull the DOW up, and even end this pullback(doubt it but PUT players should remain cautious).

In light of the NAZ strength today, I would not be surprised that the market pops tomorrow. Per one of my earlier updates, I had mentioned the up and down oscillations that could occur this week. As long as the DOW stays below 8561(yesterdays highs) this pullback is still intact.
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