SI
SI
discoversearch

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 : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich1 who wrote (30168)6/17/2003 2:11:55 PM
From: t2  Read Replies (2) of 30712
 
Carpino looking for 1050 SPX

Any time frame on those targets?

End of the month or end of the week?

As I see it, if QQQs break past 31, SPX might get there this week. Weak Soxx keeping the QQQs in the red ahead of the book to bill this evening...maybe rally going into the close or tomorrow after the report (which is probably going to indicate weakness but anyone really expecting a strong book-to-bill<g>).

It almost seems like they are selling the semis to keep a lid on the QQQs to prevent a break of QQQ past 31. At 31 was where a lot of the new put buying took place last week..that is why I am watching that number.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext