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Strategies & Market Trends : ZenWarrior's Trading Paradise

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To: ZenWarrior who started this subject4/15/2001 2:00:12 AM
From: ZenWarrior  Read Replies (3) of 2462
 
Pay close attention to this chart: finance.yahoo.com^SOXX&d=my

Note that the SOX has fallen just about every 3 years, and, most important, that the length of its downturn has always been 1 year. We're at the 1 year point folks... and the pattern has been repeated twice already. I can't believe how many SOX shorts I'm finding at SI... absolutely amazing that people mix up current economic woes with what really matters: *future* growth as the economy turns around, which it is.

Next week will be interesting though... mainly watching AAPL earnings. What else are you folks playing/looking at?

- Zen
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