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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: bob wallace who wrote (9552)	11/11/1997 12:41:00 PM
From: Trader X	Read Replies (3) \| Respond to of 17305

Bob, what IS significant is either a hold or break of 920 on the S&P. It doesn't take volume to produce either scenario. The hold was actually on Friday/Monday. We need to have follow through on the bounce up...now...for that hold to mean anything. Frankly, I don't see today's holiday as being a significant drain on volume. Lack of interest maybe. And that can be a good thing. Investors are still too leery to commit to the market. The prevailing opinion is that this is a rally to sell into. I like that. Trepidation is fertle ground for a market rally. ©LastChanceForGas