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To: Shack who wrote (5073)6/14/2001 3:30:53 PM
From: JRI  Respond to of 209892
 
Nice analysis by a Lehman guy....says Taiwan dollar and SOXX are highly correlated....that a Soxx move with a corresponding move in Taiwan dollar is likely a fake...so, looks like we should keep up with that..

I've heard this before, but is nice to keep in mind...

Semi's make up 55% of Taiwan's exports...wow...



To: Shack who wrote (5073)6/14/2001 3:31:44 PM
From: UnBelievable  Respond to of 209892
 
I Have The Feeling That Friday Could Be Real Interesting

With the Index Options expiring today there will be less focus on keeping the whole market up and each individual stock will be left to fend for itself.

While this market can always chit on you (and usually does if it can) those dailies look very fugly. Especially if we close near the lows.



To: Shack who wrote (5073)6/14/2001 3:34:06 PM
From: JRI  Respond to of 209892
 
QQQ volume pretty strong today....looks like a legitimate break of the COMPX triangle to me..



To: Shack who wrote (5073)6/14/2001 3:37:18 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
This thing is hosed on the weekly charts....I can only hope that we rally up to 2100 tomorrow....what a golden fat op that would be...

You think we fill that gap between 1900-2000 COMPX before turning?

I am so pissed at myself for delaying deployment because of options ex...I saw this move, and the only reason why I didn't jump a couple days ago was options ex...man, did I overrate that thing, but hell, it held things up in Jan., April, and May.......

It was a good scalping week, but still...frustrating....