Technology Select Sector (XLK) $13.29 -2.64%

| March 9, 2009 | 1 Comment More

Select Sector Technology Fund (XLK) March 13 puts are actively traded. 18.1K contracts so far, compared to open interest of 12.9K. The ETF is underperforming, down 37 cents to $13.28, and sentiment seems cautious ahead of a mid-quarter update from Texas Instruments (TXN) due out after the closing bell.

Category: All ETFs

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  1. ParadigmLost says:
    March 9, 2009 at 8:59 pm

    CSCO smashed through its Nov ’08 intraday low – ain’t looking good;

    INTC looks a little better despite hovering right above its support; money flow is not too inspiring, though.

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About the Author (Author Profile)

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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