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

To: donald sew who wrote (57427)	11/16/1998 8:21:00 AM
From: set	Read Replies (1) \| Respond to of 58727

> Did you take a look at the dates in the 90's I did, yes. I also did a little scanning, which uncovered that there are about 300 stocks within 5% of new highs, and then another 300 or so in each of the next 10% increments, and then the numbers increase as you go down. This is an interpretation of somewhat vague scan results, but generally it does not look like there is much opportunity to make a large surge in new highs in the near term unless large numbers of stocks rally more than 10%. Right now the market seems to want to give it its best shot, so we'll see. Shahar