To: James F. Hopkins who wrote (1415 ) 10/22/1999 5:19:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 2103
To All; My DVI went negitive late today and I went short the QQQ..again I couldn't get shares and had to buy puts. Here is my NDX DVI for today --------- Symbol Last Trade Change Value Change Volume Avg Vol ^NDX 4:31PM 2485.90 +8.76 +0.35% $0.00 +0.35% N/A N/A MSFT 4:01PM 92 11/16 -3/8 -0.40% -$5.62 -0.40% 21,479,200 26,727,818 INTC 4:01PM 73 7/16 +1 3/4 +2.44% $12.25 +2.44% 30,760,000 25,626,090 CSCO 4:01PM 66 9/16 -2 5/8 -3.79% -$18.38 -3.79% 25,459,800 18,436,680 WCOM 4:01PM 73 5/8 0 0.00% $0.00 0.00% 8,155,800 14,315,409 DELL 4:01PM 39 7/8 +3/8 +0.95% $1.50 +0.95% 15,693,600 26,172,864 QCOM 4:01PM 215 3/4 +1/16 +0.03% $0.19 +0.03% 4,871,800 9,326,272 SUNW 4:01PM 90 -2 7/8 -3.10% -$5.75 -3.10% 17,838,300 10,203,409 ORCL 4:01PM 44 1/8 -1 1/16 -2.35% -$2.12 -2.35% 10,159,700 11,733,818 YHOO 4:01PM 178 1/8 -3 13/16 -2.10% -$3.81 -2.10% 5,122,800 9,362,636 AMAT 4:01PM 78 13/16 -3/8 -0.47% -$0.38 -0.47% 7,366,200 7,958,772 CMGI 4:01PM 103 1/8 +11/16 +0.67% $0.69 +0.67% 3,111,700 4,924,681 12 symbols Totals(USD): -$21.44-0.50% ------------------- It's lower % than the NDX ..and went from a + .79% at 1300 to a ( - .50 ) by the close. Droping 1.29% in 3 hrs. ( distrabution ) & the Market Makers did a good job holding the index up on thin volume ) ------------------ An exception the dollar went up early then went flat..they might be pulling money out on that dollar rise. If it stays up over the weekend I'll be surprised. ------------------ With My DVI Negitive late in the Day I went short the QQQ ALSO internuts failed to lead up, they were down for the day. The Vix is below 23 !!! finance.yahoo.com ^VIX&d=5d Dam it dropped fast this week..a lot of the rally was like I said ( short covering ) it don't have strong legs. -------------------- The Dow may make it to 10650..but she will go back to smell 10000-or 10200 before it's over. If she breaks below 10000 hard look out. That should be good support but if it ain't then even I could get hurt. ------------------------ Any way the market is weak , except for the dollar.. & that could save it from a sell off. If my DVI is lieing it will be the first time. But the puts have 4 weeks on them and with the low VIX I'm not worried that we won't have a pull back before ex date. Jim