Friday, February 11, 2005
2/11 summary
SMH up with double volume, which bodes well for NASDAQ. S&P and DOW is technical follow-through, trying to test their 2004 DEC highs(DOW at 10895 and SP at 1218).
However, larger number of QQQQ, SPY and DIA puts have been bought. ==> will the recent gains hold?
However, larger number of QQQQ, SPY and DIA puts have been bought. ==> will the recent gains hold?
# posted by david chen @ 2:14 PM 
