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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.05-2.7%9:56 AM EST
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To: The Verve who wrote (103070)8/20/2001 9:49:56 PM
From: marginmike  Read Replies (2) of 152472
 
Vix hit 27-28, Put call was over 1.08 on Friday. BKX and SOX were strong out of the gate despite market early dips. I also think there are alot of indicators way oversold, as was the negative ST sentiment to heavy. I was short BKX since last wednesday and the indicie didnt want to give an inch. I made money on the trade and figured we would get some relief going into fed. I am not all that confident in the bullish position though.
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