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


To: Trey McAtee who wrote (52996)9/17/1998 11:40:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
INDEX UPDATE - INTRADAY
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The TICK just went positive and the DOW is still down 200. Wonder what will happen if we got a negative 1000 tick right now.

This is costing the BULLs alot of money, and there is outflows of the equity market.

I presume that there is still arbitrage, but this is definitely going to hurt their pocketbooks. So if they are able to push this market up with their cash, what will happen next week. Maybe a snow ball effect to the downside.

So if we do close substantially off of our lows, keep in mind that the big boys may not have the cash to slow down a snowball effect next week. So dont be too confident that if we do close off of our lows substantially that such is a good sign.

Seeya