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

To: Patrick Slevin who wrote (44203)	6/1/1998 10:55:00 AM
From: donald sew	Read Replies (1) \| Respond to of 58727

Hi Patrick, Intraday prognistication has been increasingly hard. Lost count of how many intraday calls I made on paper and a few trades. The NAZ will become oversold again and probably a CLASS BUY for tomorrow, but if the DOW indexes also come down tomorrow it would put a delay on the POP, although limited, on the NAZ. I prefer just to wait for the overall market (most sectors/indexes) to get oversold to go for a very short-term long position. Patrick, what do you think. Interest rates down again and substantially below the 6% line, I just dont see the market dumping that hard as long as the interest rates are in that range. I also dont see a huge pop. Still sticking to my 8750-9300 trading range. seeya