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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.07-0.2%4:00 PM EST

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To: LemonHead who wrote (34062)9/6/2001 11:53:23 AM
From: Return to Sender  Read Replies (1) of 70225
 
The SOX is definitely breaking down. If INTC is positive tonight then we won't necessarily revisit the April lows. If they are negative however it is a forgone conclusion. JBL is looking good today. One of the bright spots on my screen. I took a few hundred dollars off the table on the shares bought at 18.60.

SOX chart:

stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a1875][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

JBL chart:

stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a1875][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

INTC chart:

stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a1875][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

Looking to buy more JBL if the SOX brings it back down.

RtS
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