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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (32530)	8/21/2000 4:25:51 PM
From: The IB Dude	Read Replies (1) of 50167

With the SOXX holding its position above the 50 day MA which is around the 1105 mark, we still have a rallying point to trek once more into the formidable resistance of the 1210-1250 band. If tomorrow, we close below the 50 day MA, I believe we might test the 1070 region again. However if it were to fall below 1070 on 2 closing basis, a downward spiral back to the 960 area seems probable. XIRC looking good…..has some great news out and closed above the 13 day MA….not to mention a nice looking chart..Zain

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