Gersh; RE:" ah-so, glasshoppel..."
...no riquidity !
hmmmm... so market makers and OnLine brokerages have effectively reduced the share float on the internutz.
>AMZN puts :o( stock has been dropping for two weeks and today is the first day that the YZZND option went up .. even so at end of day the makers took the bid down so that it was a buy ~ noon @ ~16 .. at close the bid is now 16 7/8 .. for an in the money put on a stock that dropped 8 points in that same time.
Well the so-called internet indices IIX.X and INX.X aren't much help, either - they contain things like fat old AOL, which is just sitting there, and stox like CSCO and LU which have been bonkers.
You could try to find some internut stock that is correlated to AMZN and YHOO percent-wise, but is lesser-known - under the radar screen, so-to-speak - and play that one ?
>Been watching that TechSpaetzle fund .. very very good job!
Well Gersh, it just moves with the NDX.X so, you know man, no big deal. The real point was to have a quick-and-dirty YTD reference of the Tech bellwethers. I left out AMAT at the last minute ( Tommy just made a killing in that stock :-) and put in TWX because it has very low relative volatility. Also, SUNW+ORCL (sunocle? snorkel!) is starting to act like the MSFT+INTC (wintel) duopoly, IMHO.
-Steve |
