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

To: John Lacelle who wrote (46117)6/17/1998 10:27:00 AM
From: WBendus  Respond to of 58727
 
If Japan announces a major tax break, I would expect the market to be up over 200 by the close. Since this is about all they haven't tried yet, I am expecting that the chances are pretty good that this will be the announcement. Anybody remember what time Hashimoto <sp?> is supposed to announce their plan?



To: John Lacelle who wrote (46117)6/17/1998 10:39:00 AM
From: Kevin  Read Replies (2) | Respond to of 58727
 
>>> .we could see a 10 or 20% selloff anytime...at best, 6 months of
sideways movement...<<<

Hi John. Any specific reasons why you feel there would / should be such a large correction? A 20% drop in the SPX would bring us down to 880. Is it the Asian markets that concern you, our own economy, or something else?

Thanks.

Kevin


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