19 replies to this topic

[emdee]

Recent WWW / OE:


http://stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=8&dy=0&i=p06353068678&a=82570776&r=3894.png

Edited by Brickie86, 20 July 2007 - 07:10 AM.

[emdee]

March kinda got messed up. SC.com drift.

Here's the corrected version fwiw:


http://stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=8&dy=0&i=p06353068678&a=82570776&r=9963.png

[OEXCHAOS]

Thanks for the charts!

[relax]

great chart! opex is overrated!

[NAV]

March kinda got messed up. SC.com drift.

Here's the corrected version fwiw:


http://stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=8&dy=0&i=p06353068678&a=82570776&r=9963.png

Nice. I always wanted to visually see how these WWWs looked like.

[emdee]

If you were to extend the WWW / OE chart back further in time you would notice more significant downside action around WWW. The market has been so strong over the last year that WWW action has been somewhat muted. Fwiw...Mike

[OEXCHAOS]

Did I mention this board was a treasure? Brickie, thanks again. Good work. Mark

[Darris]

I do not remember what the "news" was during the April 2005 OPEX, but the last 3 days into the expiry close on Friday April 15th, we sold off 50 pts from the mid-week high. That was a delta hedge melt down into expiry. We bottomed the following week for that IT bottom.

[kaiser soze]

To answer your question, the last time we saw the averages down big on an opex day, based on earnings news after rallying all the way into opex was Jan 20, 2006.

Incidentally, then too, google was part of the news. GOOG had just received a DOJ request for search records and was being confrontational.

Sorry, we did not rally into OPEX then. We declined from Jan 11 - Jan 18. Jan 19 was a minor up day and Jan 20 was down big. So essentially declined into the opex from WWW, during that time.

This time, however, we have rallied into the opex from WWW.

History doesn't repeat itself but it does rhyme....

Made about a sixth of a percent on QID already and closed it. A/D looks like a trend-down day so will look for short reentries.

Edited by kaiser soze, 20 July 2007 - 09:17 AM.

[emdee]

Hey Guys...glad you could find some value in the WWW chart. I had charted WWW going back a couple years but somehow my annotations got deleted when I was trying to update the chart. When I have time I will try to do yearly charts for 2006 and 2007 and share them with the board. This forum has given so much that I feel I should give something back when I have the opportunity. Time is at a premium these days but I will do my best. Mike