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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

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To: robert b furman who wrote (27476)12/16/2005 11:22:02 AM
From: BWAC  Read Replies (1) of 95737
 
<After expiration we're going to have a big move one way or the other.>

Agree.

But with a twist. A false move up into year end (2.5 to 5%)probably in one or two days duration, that lends belief in a big run, followed by a hard sell of 10% for the new year.

One of the reasons might be all the new stocks going into QQQQ should lead to blind buying next week driving that index toward $43. After the buying spree and a little distribution around $43 QQQQ equivalent, Algo starts the selloff.

Kind of amazing that NVLS has been held/hedged so tight to $25. I expected 22.50 on the index exit.
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