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Strategies & Market Trends : Tech Stock Options

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To: Gersh Avery who wrote (57775)	11/18/1998 11:39:00 PM
From: Lee Lichterman III	of 58727

>>The liquidity picture looks pretty good right now..<< I understand the liquidity boost, but my concern is where the liquidity is going presently. This doesn't look like intstitutional buying anymore. Warren Buffet isn't buying AMZN <g>. (Actually heard there was a rumor he is going back into Bonds again and as he is usually 6 months early on his plays, that would bode well for the spring crash scenario) I hope you are right as I do have some calls and am watching for a few more plays when the over bought indicator settles back down a little bit. Still feel the time period we are approaching is going to be light on good news to continue the Mo Mo. Good Luck, Lee

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