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To: The Freep who wrote (31582)2/19/2002 4:35:50 PM
From: The Freep  Respond to of 209892
 
FWIW, CSFB Semiconductor/Semi Cap Equipment Conference begins tomorrow with presentations from MCHP, AMAT, GSPN, KLAC and NVLS among others. (per Briefing). That plus the book to bill. Spin, baby, spin!

the freep



To: The Freep who wrote (31582)2/19/2002 4:48:53 PM
From: john722  Respond to of 209892
 
<I'm wondering if the VIX was really that complacent>

Well I'm not that strong of a VIX follwer either but I
have noticed that the VIX usually is a lot higher when the PC Ratio is so High. After all, the VIX is a measure of
Options Volitility, but I think it is measured by the volitility in the OEX index (S&P 100). The OEX is approaching critical support which looks like it might blow through coming out of the right shoulder of a H&S on the Daily. This would make the VIX jump up to more normal levels
as seen in the recent past. Let's see what the Book to Bill
brings us. If it's bad, we get the blowoff bottom, if it's
good, more distribution on Semi Upgrades. Have a nice night.



To: The Freep who wrote (31582)2/20/2002 12:45:09 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
Yay..SOX is giving! I was worried it had entered the twilight zone. All is right again.

On feb 14th, it sure looks all the indices have fell out of their respective 'b's which I had been tracking off the 22nd for tech and the 30th for non-tech and seem to have a lot further to go for their 'c'.

If that count is right, SOX has plenty more to go and the COMP will be dragged into the low 1600's. Still shorting the bounces here.