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To: Mani1 who wrote (5254)8/16/2000 2:08:20 PM
From: chic_hearneRespond to of 275872
 
Re: We'll have to see if this SOX rally has any more leg left in it

Mani,

The key level for the SOX is now the 50 day sMA which is at 1070. I wouldn't expect much going into expiration for the rest of the week. Next week things should start to clear up.

chic



To: Mani1 who wrote (5254)8/16/2000 6:11:26 PM
From: kash johalRead Replies (1) | Respond to of 275872
 
Mani,

Yes i kept my position at 61.

As well as my August 70 calls.

Counting the calls i have a current basis of around 65.5.

Perhaps with the HP news we finally see a run up in sox.

Beats me.

I would have expected a stronger rally considering max pain is around 70 and upcoming split.

regards,

Kash


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