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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (4886)	2/11/2005 10:29:15 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Hi MJ, There is the $SOX (Philadelphia Semiconductor Index). This is an index of.... well, semiconductor companies, 18 of them. It is a product of the Philadelphia Exchange. The $SOX can be traded using options. The components are listed here: phlx.com There are various vehicles to trade the equivalent of the $SOX. Personally, I don't trade them, but that's not because I think there is anything wrong with trading them. I just like to concentrate on a limited universe. I can't follow everything. The stocks you list are something a bit different than the $SOX, even though some of the stocks you list are components of the $SOX (e.g., TXN and INTC). I guess I would call those stocks a bag of tech stocks. They are actually in different sectors. So price movements in the $SOX are probably correlated fairly strongly with those tech stocks, but the stocks you list are not the same thing as the $SOX. Hope this helps, T