Jan 17th update of top Mo Mo..
Note Friday MoMo was 27.06% to NDX 17.72% for a +9.34% spread
Monday ended MoMo 24.10% to NDX 16.06% for +8.04% spread ( I closed short at 10.43am )
Today ended MoMo 32.48& to NDX 20.19 for +12.29%
That looks very bullish on the surface however almost all of today jump from 8.04 to 12.29% spread
was the result of after hrs trading on thin volume causing a gap up.
Today had a high spread of 13.86% !!!
We should Gap up again tomorrow but I don't trust the Gap ups to maintain this rally.
I'll be looking hard to short if we get to 2700 on the NDX..maybe before then depending
on how this spread does.
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JNPR 4:01PM 136 3/16 +8 3/16 +6.40% 26,648,200 15,574,863 $255.70 +6.40% $1,050.19 +32.79% $4,253.14 31.23 2-Jan-01 102.56 - 43.247B
MSFT 4:00PM 52 15/16 +3/8 +0.71% 36,425,100 49,741,908 $10.15 +0.71% $258.76 +22.05% $1,432.49 27.06 2-Jan-01 43.375 - 282.3B
JDSU 4:01PM 53 3/4 +5 5/8 +11.69% 46,322,300 31,992,590 $104.46 +11.69% $269.26 +36.94% $998.14 18.57 2-Jan-01 39.25 - 51.683B
INTC 4:01PM 30 1/2 -7/8 -2.79% 112,290,400 53,436,864 -$16.03 -2.79% -$10.31 -1.81% $558.76 18.32 2-Jan-01 31.0625 - 205.3B
AMCC 4:01PM 80 3/8 +10 +14.21% 25,930,800 16,195,863 $177.70 +14.21% $295.43 +26.08% $1,428.26 17.77 2-Jan-01 63.75 - 23.763B
CSCO 4:01PM 39 +1/2 +1.30% 69,478,800 55,700,044 $8.77 +1.30% $99.70 +17.07% $683.67 17.53 2-Jan-01 33.3125 - 280.7B
ORCL 4:00PM 33 1/4 +1 7/16 +4.52% 52,535,000 45,943,228 $23.52 +4.52% $112.56 +26.09% $543.97 16.36 2-Jan-01 26.37 - 187.2B
BRCM 4:01PM 128 11/16 +10 13/16 +9.17% 16,043,800 10,894,272 $175.27 +9.17% $852.04 +69.05% $2,086.02 16.21 2-Jan-01 76.125 - 30.268B
SUNW 4:01PM 32 3/8 +1 +3.19% 39,965,000 39,503,000 $16.19 +3.19% $112.32 +27.27% $524.15 16.19 2-Jan-01 25.4375 - 104.2B
CIEN 4:01PM 97 1/16 +7 +7.77% 14,259,700 16,379,681 $94.71 +7.77% $421.97 +47.34% $1,313.26 13.53 2-Jan-01 65.875 - 27.811B
VRTS 4:00PM 91 3/4 +1 3/8 +1.52% 11,869,500 10,621,545 $18.14 +1.52% $339.64 +39.02% $1,210.18 13.19 2-Jan-01 66 - 35.778B
SDLI 4:00PM 197 13/16 +22 7/16 +12.79% 10,050,200 6,767,363 $295.05 +12.79% $777.49 +42.63% $2,601.23 13.15 2-Jan-01 138.6875 - 17.293B
AMAT 4:01PM 48 3/16 +3 3/4 +8.44% 37,644,000 19,338,136 $48.52 +8.44% $112.42 +21.99% $623.55 12.94 2-Jan-01 39.5 - 39.087B
WCOM 4:01PM 22 1/2 +1 3/16 +5.57% 51,435,300 51,353,592 $14.95 +5.57% $82.62 +41.18% $283.27 12.59 2-Jan-01 15.9375 - 64.780B
QCOM 4:01PM 73 +2 1/16 +2.91% 13,270,400 15,923,136 $22.85 +2.91% $23.55 +3.00% $808.84 11.08 2-Jan-01 70.875 - 54.635B
BEAS 4:01PM 65 9/16 +2 7/16 +3.86% 9,783,900 11,058,363 $26.84 +3.86% $258.22 +55.70% $721.84 11.01 2-Jan-01 42.1094 - 25.209B
ARBA 4:01PM 36 -5/16 -0.86% 24,353,800 12,164,181 -$3.42 -0.86% -$66.78 -14.51% $393.48 10.93 2-Jan-01 42.1094 - 8.992B
SEBL 4:00PM 75 7/16 +7 +10.23% 12,602,100 10,805,363 $75.60 +10.23% $231.53 +39.70% $814.73 10.80 2-Jan-01 54 - 32.404B
DELL 4:01PM 22 11/16 +1 3/16 +5.52% 38,893,900 35,222,864 $11.52 +5.52% $50.32 +29.64% $220.07 9.70 2-Jan-01 17.5 - 58.690B
^NDX 5:15PM 2558.67 +87.95 +3.56% N/A N/A $0.00 +3.56% $0.00 +20.19% $0.03 .00001 2-Jan-01 2128.78 - N/A
QQQ 4:15PM 63 7/8 +1 57/64 +3.05% 61,400,500 N/A $0.00 +3.05% $0.00 +19.88% $0.01 .0001 2-Jan-01 53 9/32 - N/A
37 symbols
Totals(USD):
$1,360.48+6.76%$5,270.93+32.48%$21,499.09
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It's still safer right now to buy the dips , & I think
we are due one before long.
But I'll likely risk a short if I can time it.
Jim |
