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

To: donald sew who wrote (47193)	7/2/1998 12:21:00 AM
From: Art C.	Read Replies (1) \| Respond to of 58727

Donald---anybody want to pick a time to short these(pardon the expression) dumb a** internet stocks. Betting against these stocks is like trying to keep helium from rising. Art

To: donald sew who wrote (47193)	7/2/1998 12:22:00 AM
From: Robert Graham	Respond to of 58727

IMO a blow off top is by its nature lead by the public speculator, not fund money. As long as there is high liquidity in the markets from fund money, I do not think we will be seeing a blowoff top. It will be interesting to see how the market responds to selling pressure when the funds sell their "window dressing". I think next week will help determine whether rocket launch to new highs will happen. I would like to see a consolidation above 9000, selling met with shallow pullbacks, and then a challenge of old highs. Now if anyone is listening. ;) Bob Graham