Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Patrick Slevin who wrote (51607)	9/5/1998 4:03:00 PM
From: j g cordes	Read Replies (2) \| Respond to of 58727

Here's as close to the hole as I'll be posting.. <g> search.washingtonpost.com

To: Patrick Slevin who wrote (51607)	9/5/1998 9:43:00 PM
From: Suresh	Read Replies (1) \| Respond to of 58727

Hi Patrick, cycle theory makes logical sense to me (atleast long term cycles) as applied to indices. Most of the companies in the index are mature and strong companies. So, if the theory that big cannot keep going bigger every year forever, we can see a problem in earning comparison after 3 or 4 years. So, one year after poor earning comparisons they will resume the upward move since comparison yardstick has been moved down. I am really amazed at the cash and future market behavior this week. Cash was leading futures most of the time. In my limited experience this had happened only during flurry of earnings being reported but not otherwise. Is this a case of position unwinding before future expiration ? If I remember correctly someone was indicating that weeks leading to triple witching generally moves in the direction of market movement for the period. So, I guess spoo's wants the market to tank going into expiration. -Suresh