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


To: donald sew who wrote (44734)6/4/1998 10:28:00 AM
From: Patrick Slevin  Respond to of 58727
 
I don't look at the DJIA so much, I suppose you are looking for to hold at March's late lows....

I'm more focused on lower...hoping for a break of last week's spoo lows where I shall tighten stops and wait for a sharp bounce.....

Thus far it's sort of paralleling to the two prior days a bit. Particularly the 19th where it was sideways right up to 2 ET. Anyway, I think an early breakdown begs a late, rapid bounce. Either way, I don't care. I may just leave until 2 and do something then....I'm convinced that's when the action really kicks in.

Of course, I am referring to the SP8M, not the DJIA.