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


To: James Strauss who wrote (56647)10/30/1998 10:47:00 AM
From: James Strauss  Read Replies (2) | Respond to of 58727
 
New Lows Continue To Dry Up...

New Highs 32

New Lows 3

The New Lows continue to dry up against a backdrop of disbelief that the market is heading higher... A perfect scenario for the market to move up... We are out of the BEAR and into the BULL... I guess we're all used to a lot of Bull on the Internet... : >

Advancers are overpowering Decliners... A FED rate cut appears to be in the cards... Now we're hearing about a positive G7 announcement to come... The FED will continue to do whatever it has to do to avert a banking liquidity crisis... While they do what they do the market will advance against a Wall of Worry...

Jim