Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Johnny Canuck who wrote (28289)	9/18/2000 1:03:06 PM
From: shasta23	Read Replies (1) of 67845

HI HARRY! You write that a buy signal was generated on the compx. Was wondering how you deal with this kind of situation where you have a buy signal but we just broke under the important 3800 support suggesting that we might test at least the bottom of the hammer of 8-11 which was 3687. Of course that's only 40 points away and we might reach that today the pace we're going. Do you wait to see if we reach that support area? Some of the prices are getting juicy here...RFMD in the 33s! Stefan

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