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


To: Patrick Slevin who wrote (37437)3/25/1998 6:44:00 PM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Patrick,

A pullback, just a small one, would be very good on a technical basis and a strategic one.

If it pullsback a bit more this week, it will set up a rebound next week for the END-OF-MONTH rally and then the fun begins with actual earnings coming out in mid-April, at which time I should be loading up with puts, whereever the market is (as long as it is higher).

CNBC mentioned that rumors were starting at Morgan Stanley of Fed tightening. Whether its true or not, if such rumors increase, that would not help the market.

Watching those interest rates closely. If it continues this way, I may not be far off with the rates hitting 6.15% by mid-April.

Seeya