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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: t_w_b who wrote (4587)7/24/2001 12:38:39 PM
From: Steve Fancy   of 6873
 
As always the logic was 100% sound but ONIS isn't looking bad to me. Semis are in the dog house right now.

10:21AM ONI Systems (ONIS) 20.66 -1.88 (-8.3%): -- Update -- Technical -- Retesting a very important support zone near 20 that has held thus far on numerous tests this month. Intraday need to see run through initial resistance in the 21.40/21.50 area and then 21.90 to improve outlook. If a bear breakout is staged, initial support is at 18.68/18.63.
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