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Strategies & Market Trends : Tech Stock Options
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To: Joel Brussell who wrote (5680)2/28/1997 2:03:00 PM
From: j g cordes   of 58727
 
Joel..

Here's a thought. Since there's still money coming into the market and I think I heard this morning about 107 billion in sideline cash in funds AND since Greenspan has put a lid on exhuberance.. the net result may be a flattening of the high flyers with a broadening of the market participants instead of a selloff in the traditional spike down. Just a thought...

Jim

ASND may be too early, but also look that it has temporarily run south of its support for brief moments only to come charging back so beware of being reversed out if you are short.
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