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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (10017)7/19/2001 4:55:06 PM
From: John Harton  Read Replies (3) | Respond to of 11051
 
Hi Gersh EWJ and EWG. Bullish on the overseas markets?

OR a stealth short of the dollar? Wink wink ..say no more(^_^).

I'm not sure where the dollar is headed but it's flirting with support.

The S&P charts looked firm enough at ~1200 to me to make the risk/reward favorable enough to go long SPY at 3:45 today. Looking upside to 1247-50 or so if we get the nice move next few days. Tried to steal some QQQ calls as well but I'm too cheap. <G>

MER & GS didn't agree on the market today...makes me wonder whether GS has a fly in the ointment??

BWDIK and Best Regards
-John