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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: 1podstock who wrote (21114)10/8/2001 5:49:10 PM
From: Paul Shread  Read Replies (1) of 52237
 
I think it's two different markets: SOX, which leads the COMPX, looks fairly good, while all the econonomically sensitive areas that lead the old economy look very weak. JMHO...

COMPX gap would fill at 1670. It half-filled already, which is a good argument for filling the whole thing at some point.

I may go long SMH on a retest of SOX 400-406. I think the old econs are done, however. If downside volume picks up, that would confirm that.
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