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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: robert b furman who wrote (52001)5/3/2011 2:15:24 PM
From: 2MAR$3 Recommendations  Read Replies (1) of 95531
 
OT : Bob you wouldn't believe & don't like to bother the index/spoo players with their "wave games"

But the amount of "overbought double tops " hav spotted, tracked & traded in the last month would make most of their heads dizzy ....and with almost 95% success shorting .

The SMH was true for a 3rd time but just another one this am MRO that had fantastic 21c beat on earnings why did it sell off ?? Of course it did because XOM did , VLO did and they all did (with the exception of OXY) .

Did not want to get into frustrating arguments with mchjc cause he just doesn't/didn't want to see the toppiness or the treend in selling these tops for they're only looking at the indexes. But cannot understand why none of them have picked up on , what is the most consistent patterns have seen in over a year of selling these tops .

You know i called AAPL to a "T" top & bottom but there's 40 more charts just like MRO that reported today with fantastic 21c beat & guess what it did ??

*Also look at what XOM did below too, and please note the
difference of ONLY PENNIES between the two double tops , how
much more easier do they want it ??!! ;O)

MRO double top -->within pennies , collected 2pts this am (short)&
bought long off the 50ma for the bounce for $4k :



XOM ...how much more easier does it get ?

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