SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Market Timer's Hall of Fame

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: At_The_Ask who started this subject4/19/2002 1:16:53 AM
From: At_The_Ask   of 121
 
My index timer's watchlist is up .9% since I posted it. Basicly flat. Diversification insures mediocrity it seems.

Interesting to note that golds, and energy stocks are by far the biggest winners. Chalk it up to inflation or mid east tensions, or both. It seems the commodity bulls and inflation predicters have won the day. I'm proud to be a long time gold bug. I wish I had had the conviction to buy a gold fund and let it ride when I first got into it. My account would be much larger than at present, active trading is fun but expensive.
Congrats to anyone who has profited from either of these trends. I will not be surprised if this is just the beginning for gold and perhaps energy also.

hmo.x is doing quite well also. Up twenty percent. It's the morgan stanley healthcare payors index. Whatever the heck that is. I guess health insurers. Another feather in the inflationary cap.

The biggest losers to date are techs and telecoms. The xtc (telecomm index) has had a nice move (10%) since 4-11. However it's still down 23% since 1-30. The "tech wreck" continues unabated. I really need to stop focusing on them. I trade the q's like everyday. Truly a waste of time and energy. It's the high fruit of the market, unless you're a short and hold type.

The only other development of note is the BTK. It's in some sort of triangle formation, and very close to support. It could have another minor down move, but it shouldn't go much lower than 450, any significant moves below that I would consider pattern failure. I took a flyer on some OCT. BBH calls at 155 strike. The JAN 03 leaps look good also. There seems to be some froth and good news developing also which confirms the chart support.

Here is a link to other morgan indexes that are pretty useful. morganstanley.com
The good thing about the morgan indexes is they have options. The MOX options are quite cheap.

I've added the mox to the watch list. It's more software and internet oriented than the msh. Both are good tools because they aren't dollar or market cap weighted like the broader indexes. Mvb.x is the morgan biotech index, pretty cool. Also check out the "boxes" if you go the site. Seemingly they are bettter than ETF's or HOlDRS. Some type of derivative type thing. I'm sure they are great until you "get your face ripped off". Gotta be a catch in there somewhere.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext