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Thursday
Jun212012

VMware Versus the Technology Select Spider Spread

DateThursday, June 21, 2012 at 11:29AM | by AuthorMichael Bigger | CommentPost a Comment

We are monitoring the $XLK $VMW $spread based on recent insider activities. We are hoping that we can get a spike in the 10 * $XLK - 3 * $VMW to the 20 level. We have used the My Alerts feature of our Spread Analyzer to monitor this $spread for us. Located below, are all the documents supporting our thesis, as the insider buying we think is bullish for VMW (bearish for the spread). If the $spread reaches the $20 level, we will be happy sellers.

Written by Aris David. Follow me on Twitter and StockTwits. 

 

 

 

 

 

 

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