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

To: peter n matzke who wrote (42428)	5/7/1998 9:25:00 AM
From: Patrick Slevin	Respond to of 58727

I do not think you are necessarily wrong. I am just trying to look at it disparately from a point of view relative to the internal conditions. I agree it should rally today to achieve equilibrium ahead of Friday's numbers. Each month, aside from expiration, the day that has these numbers come out is usually the most volatile day of the month. Aside from unexpected news driven events; such as comments from AG or whoever. My posture simply put is; high numbers are good for the economy but immediately negative with respect to the Fed....so immediate motion in the negative direction. Low numbers are good with respect to the Fed, so immediate motion up. But low numbers are bad because they forecast lower growth so it just pushes off the negative motion for a short time. All of this is just a general view, of course. Nothing to do with T/A or anything else.