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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (450)	5/18/2000 9:21:00 AM
From: Poet	Read Replies (2) \| Respond to of 10876

A snippet from the Wednesday Option Investor newsletter: "The consensus among Wall Street professionals is that the market will remain range bound well into the Summer. The uncertainty surrounding the Federal Reserve and continued questioning of the high valuations in the tech sector has many market participants straddling the fence. The indecisiveness among investors points to range bound trading. Many analysts believe that a sideways market is good for the long-term health of the market. In that, the sky-high multiples seen in the tech stocks will come back to earth as earnings catch up with valuations. While the churning of the market may be good for the long-term bull, it has many traders stepping away from the market. Margin and momentum players have been scared away from the market, and day traders have been humbled. That doesn't mean you can't make money in this market, it's simply a matter of working harder than the next trader, and honing your skills. And continue doing the things that make you money."