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


To: donald sew who wrote (37308)3/25/1998 9:28:00 AM
From: Patrick Slevin  Respond to of 58727
 
One troubling thing, from my point of view anyway.

Looking at patterns, the last time we had a lead-in to a day that had a large spoo gap open was February 25th.

On that day, the spoos gapped open, ran to plus 1300 by 10:10 ET and then did nada all day. Except for at 1:45 when they moved 2 points higher, and then at 3:10 when it backed off 4 points there was no way to trade it unless you were in and out every few minutes.

I hope it's not like that today.