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


To: FJV who wrote (41017)4/23/1998 2:45:00 PM
From: Patrick Slevin  Respond to of 58727
 
I don't disagree....S is up about 1% as well.

Actually the bond rallied over the last half hour.....but there is still time.

My thoughts were just that the DJIA should be lower and will be, if the broad market cannot come back.

If not today, I certainly think the broad market will fail in any early rally Friday and subsequently the DJIA will weaken quite a bit.

The bond, if the were to move to the low 119 area would definitely provide a major break, just my thoughts. Right now it's at 119.30 off the low today of 119.22----but it has been weakening steadily for the last couple of days and has closed lower 9 of the last 12 days.