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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST

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To: Skeeter Bug who wrote (1196)5/8/1997 10:52:00 AM
From: Thomas G. Busillo   of 3291
 
Exactly. That's what I meant by the difference between "relative strength" and "absolute strength".

I have my short-term "fun money" tied up in a TXN short @94 1/2 entered yesterday morning (trying to practice trading the assets before jumping into the derivatives) or I'd jump in there. Strikes me as pretty silly bidding up prices like this a week before expirations and 9 sessions before the FMOC mtg. Then again, I'm the idiot who didn't take a +2 pt. swing yesterday in TXN and run;-)

Some days you're napalm death incarnate. Some days you're not.

Good trading,

Tom
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