SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chic_hearne who wrote (8416)8/3/2000 12:42:41 PM
From: AllansAlias  Read Replies (1) of 436258
 
Anyone got any thoughts on how much lower they let the SOX fall?

I think I posted some targets a few days ago here, but I recall for sure noting that it had violated its only remaining trendline on 7/27. (It's the one that begins in Oct/98.) In these last 4 days that followed the break it ran up to this line but was never about to surmount it.

It broke it 200 dSMA today. It had been above that since the fall of 1998.

This morning's weak opening completes the measured-move of the recent double-top.

Guess I would now be watching for the May low test.

Better answers are available from smarter people. --Allan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext