Moon, E., Patrick:
Obviously we've fallen into a post-earnings Ho-Hum period, and as others have pointed out, buying opportunities are near. I sold at 38, bought at 35 which was premature and was stopped out at 34 3/4, and have twice bought back under 33 1/2. My question is, will we break 33 and test 30-31 soon, or retest the highs first? With the lack of interest lately as well as Tech instability, my gut is that the former will occur first concurrent with the Naz retesting 2300 support.
But obviously I'm not confident that will happen because I bought at 33. Patrick, I hope you don't get your 30 1/8, but if you're lucky enough to, I will have stopped out at 32 7/8 and I'll be there also. Of course, if the Dippian theory prevails, 30 will not hold and 26 will be a certainty :)
E. what does the SOX look like vs. LSI?
cb |
