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


To: jjs_ynot who wrote (42663)5/8/1998 9:46:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
well that jump didnt effect the market

patrick...have you heard if the futures went fast market?

this thing zoomed

cash up over 9 in 15 minutes

I thought the report was bad news???????

Wiley....WFC.....who knows....I think you have to do a straddle to play it



To: jjs_ynot who wrote (42663)5/8/1998 9:58:00 AM
From: donald sew  Read Replies (2) | Respond to of 58727
 
Dave,

>>> Look at the bonds. Interest rates jumping to almost 6 percent again. <<<

The DOW was up 70+ points, which is showing the upward pressure. It is retreating quickly, now only up 43.

As long as the interest rates are around 6%, better if below, then this market will have at least one more spike up. Per my previous note, I received a CLASS BUY signal to get in at the low today.

If the DOW gets to negative 50-100 I will get; however I may adjust the buy-in if the DOW gets to negative 25. I feel that there will be a sell-off later in the day.