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

To: donald sew who wrote (51318)	9/1/1998 12:21:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 58727

Don: Normally we'd expect a 50% retracement of a big down day... That would translate to a Dow being up about 250 points at the close... The lower that Dow is at the end of the day the greater the prospects for continued selling for the balance of the week... The discussion about a FED easing on CNBC seems more like a plea from investors than something the FED will consider this month... I think a FED easing is in order... Not to save our stock market, but to assist world trade with a lower dollar... Jim