Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 689.51

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Jan 8 4:00 PM EST

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To: Johnny Canuck who wrote (35536)	12/13/2001 3:16:09 PM
From: Johnny Canuck	Read Replies (1) of 69601

Buy signal about to trigger on the COMPX and SOX. Part of the current sell off is probably driven by the institutions flatten option positions. The current strength of the rally caught most people be surprise, so most stocks are above the maximum pain option levels.

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