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Strategies & Market Trends : Tech Stock Options

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To: James Strauss who wrote (56724)	10/30/1998 11:18:00 AM
From: Stephen	Read Replies (2) of 58727

Jim - jmho, but with the market this strong and the domestic economic data also looking stronger than expected, I seriously doubt that AG & co will fuel this by cutting interest rates again. Also, if this is additionally fueled by end of month padding out by fund managers ... will there be some liquidation Monday ... once they've pushed the market as far as it will go. I am not convinced that this rally is yet a sign of the return to a bull market.... but if it is then its time to start revising the large blue chip P/E standards. Still ... can't fight the momentum ....... Good luck all Stephen

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