Tech Once Again Vulnerable

  • March 15, 2001
  • Dave Landry

In case you forgot, Friday is a triple
witching day. This should make for fun day. Use caution as this will likely add
to the market’s recent volatility.

Internet
(
$IIX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still looks poised to resume its strong downtrend.
Continue to look for buying
opportunities in puts and put spreads here.

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Computer
technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating) also looks poised to resume its strong downtrend.
Look for buying opportunities in puts and put spreads here.

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The
semis
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), once again, appear to stalling out in a retrace rally.
Look for buying opportunities in puts and put spreads here.

Best of
luck with your trading on Friday!

P.S. Reminder:
Protective stops on every trade!

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