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

To: Patrick Slevin who wrote (35375)	2/23/1998 10:26:00 AM
From: donald sew	Read Replies (2) \| Respond to of 58727

INDEX UPDATE -------------------------- The DOW opened up about 35 points and the NAZ was up 15. The DOW just negative, with the NAZ up 10. Besides the weakness evident in the price, the strong up in the NAZ was not broad based at all and mainly focused in the NAZ which was up 18, on the backs of MSFT and some others. The strong weakness is in the OILS due the strong drop in CRUDE. The XAL is the strength, partially helped by CRUDE. It is not that unlikely that this type of weakness could continue for 1-2 more day, and I am not talking about any huge decline, then towards the end of the week (Thur/Fri), back up and it could be quite strong to the upside. Seeya