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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (56572)10/28/1998 1:21:00 PM
From: James Strauss  Read Replies (2) of 58727
 
Don:

If the FED cuts Rates again in November you might find yourself quickly switching from neutral into a high gear up move... By then we would have completed most of the year end tax loss selling... This will provide a good platform for a market advance into the first Qtr of 1999...

Currently there are:

New Highs 16

New Lows 19

New Lows continue to dry up... This with a favorable interest rate environment should result in an improved market environment...

Jim
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