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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Logain Ablar who wrote (3642)3/30/2001 4:26:02 PM
From: John Pitera  Read Replies (1) of 33421
 
It will be interesting to see if that plays out Tim. The action in the SOX was not good, it's had support between
525 and 535ish since late nov. of last year, it has been bought at this horizontal price support area. It looks like
there is a pretty good chance that it can break down through that zone and that would lead to a bit more of
a tech washout. We should watch the action in the SOX index closely early next week.

John
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