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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (56354)	10/26/1998 1:08:00 PM
From: Stephen	Read Replies (1) of 58727

Maybe its just me, but apart from the daytraders, I don't see any great reason to sell, and maybe thats the current market strength. If no-one sells its difficult for the market to retrace. Additionally, the idea that there is a lot of money currently sidelined, supports the idea that any pullback is just an opportunity to enter the equity market. I guess for a pullback there needs to be significant new news .... devaluation somewhere .... Brazils reform problems ?? ..... I'm not really sure what will rattle the market at this time. Do we range trade till closer to the fed meeting ??. I'm long at the moment, but only in stocks that are underpinned by some forthcoming news. I'm an investing bear, but when I see the internets doing well (one of my 'hat' indicators) it tells me I need to continue to be long. Glad I have Don & LG to keep me straight !! Good luck all Stephen

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