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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (32253)1/5/1998 1:24:00 PM
From: Judy  Read Replies (1) | Respond to of 58727
 
Message from TT on his S&P futures trade

"Went flat the March S&P futures this am after going long on the 30th --per the system--after the trade showed a 40 point gain."



To: donald sew who wrote (32253)1/5/1998 1:38:00 PM
From: The Jedi  Read Replies (1) | Respond to of 58727
 
Here are some I am thinking. Any comments.

Message 3095416

Kiri



To: donald sew who wrote (32253)1/5/1998 9:15:00 PM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Don, couldn't get back to you today, was flying around in the fog near Boston.. literally. When I could tune into the news heard the market up, then down, then up, then down... just like my flight.

We just had an incredible bond rally pushing through historical low interest rates on the 30yr. There's usually a lag between dropping rates an a stock rally. My thinking is that up 14 on a close isn't much action given the bond's impressive rally. The Naz did better but everyone knows its oversold so lets write that off as picking at the fallen angels until more substantial gains show.

I noticed some one said INTC could report 15% better earnings than street expectations. AMD got uplifted and kicked in the shins in the same day.

If the interest rates hold it should give support to a rally. We're due a January rally of some sort, today wasn't it.. that's for sure.
There are a few places to "draw the line" on where a top could fall, triple, top of bollinger, parallel linear regression line across the tops... I'm not satisfied with the cash flow numbers which to me is fundamental to supporting a technical run.

Jim