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


To: joe smith who wrote (40495)4/20/1998 10:45:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
Did you see that show, "Frank, Dean, and Sammy"?

I kinda identified with Dean, so I guess your 9:45 is history.

Johnny Carson was kool too.

Anyway, that's my story and I'm stickin' to it. A turn after 15 minutes and then the other way all day.

But I would not bet the farm.



To: joe smith who wrote (40495)4/21/1998 5:28:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Joe,

This market will come down, and it needs to come down very soon regardless of the size. If it doesnt rest a bit and only continues up I am strongly suspecting that when it does come down, the BULLs may be in really bad shape. Just on a technical basis it needs to pause in order to establish support lines, etc.

Since Im still relatively new, still need a good explaination of what a BLOW-OUT TOP is. I am assuming it is when there is an abnormally strong movement up before a strong selloff.

Technically, I am getting hints that the market may have switched gears back to the upside, or is this the blow off top, if I got the definition right.

Seeya