Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: John F. who wrote (104292)	5/10/2000 2:37:00 PM
From: stan s.	Read Replies (1) of 108040

Hi John, semis first. SOX index, best hope is to hold at around 912-915, a little area of support on a weekly trendline. If it closes under that, it too could very well test the recent lows of 892. I'm speaking of closing prices here. As for the naz and gaps. Let's not discuss the gap at 2875 right now. If we don't hold minimal support on the weekly chart at 3290-3300 then we chance a drop to 3232... The chart is here with explanation if you scroll down. I'll be putting a new one up nightly. wallstreetmonitor.com Even if it climbed back to 3497, it's severely weakened by the close under the 200 day ma. I see we got a little mini rally going... There is no strong support for the NASDAQ until the 2875-2900 area. Stan

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