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Technology Stocks : Semi Equipment Analysis

SOXX 342.47

+1.6%

Jan 16 4:00 PM EST

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To: Gottfried who wrote (986)	8/17/2001 2:06:40 PM
From: SpecialK	Read Replies (1) of 95738

TA actually says MXIM may rally from here.>>>> You may be right. That is what the market is, people looking at the same thing and seeing something different. I've extended the timeframe back to Jan from April. stockcharts.com[w,a]daclyymy[d20010101,20010817][pb50!b200][vc60][iUb14!La12,26,9!Lf!Lc20] Unfortunately, I annotated notes on stockcharts, can'ts save it. Look at the chart and 1. dips below 50 on RSI. 2. each rally halts below the 200dma. 3. look at the black(slow) MACD line cross 0, and see corresponding break of support (55), (50), and now (45?). To my eyes, TA is indicating a drop is forthcoming, BWDIK. Ketan

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