Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

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To: Johnny Canuck who wrote (34113)	9/7/2001 4:52:35 PM
From: j g cordes	Read Replies (5) of 69345

Holding long positions in VRSN, QCOM, RFMD and BRCM calls through weekend. just short term trading. The Naz wanted to break positive but was kept in check by index traders who kept knocking the spread down all day. Every attempt to rally positive and the spread premium went negative. The difference between the Naz and Dow was -180 Dow points most of the day. If the same sentiment holds Monday a modestly down Dow should see a positive Naz. All of the above stocks rallied against the downtrend. siliconinvestor.com

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