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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 686.19-0.5%Feb 4 4:00 PM EST

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To: Clint E. who wrote (33121)6/28/2001 12:09:21 PM
From: Johnny Canuck  Read Replies (3) of 70476
 
Clint,

COMPX sell signal confirmed. SOX now also about to complete sell signal.

BRCD, EMLX, MCDT, QLGC all have similar chart patterns. EMLX and QLGC are attempting to break out of their ranges now. Any reason BRCD and MCDT would not follow them in a few day if the current COMPX break out is confirmed? What would be the effect of an EMC warning on these competitors given that an EMC warning is expected? MCDT is an EMC spin off would it be effected more by a EMC pre-warning. The downside on MCDT seems limited.
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