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

To: Patrick Slevin who wrote (40807)	4/22/1998 1:34:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

Edited >>It almost seems as if people are very concerned about everything...bonds, the buck, the Nikkei....so concerned the market is not allowed to have a normal easing off<< Patrick -- the bearishness and caution is so rife at this point, that I would say that any sell-off will be limited, and that we will resume the up-leg again, even if we see a short term reversal. The few threads that I follow are all talking of a bubble, craziness, etc, etc. Just look at the SI bull/bear ratio. My experience is that the market generally does not oblige people with a sell-off when the majority are looking for one. Even the internet stocks ought to have another leg up after this sell-off is over. Am trying to decide whether to play it on the long side for a trade. EDIT--The tightness of the range today suggests that we will see some dramatic move in one direction or the other before the day is out. I suspect to the upside.