SMTI: SMTEK International, Inc. Message Board

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Technology Stocks : SMTI: SMTEK International, Inc.

SMTI 27.78

-0.3%

Nov 7 3:59 PM EST

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To: chartseer who wrote (123)	10/10/2001 7:49:09 AM
From: chartseer	Read Replies (1) of 420

Market direction is still UP^. Market direction is still up but, the indicators have stalled in over bought territory. Stalled in over bought territory, what exactly does that mean? Well it means that the indicators have stopped going up. It also means that the indicators actually where lower yesterday but, not low enough to call a reversal in direction. Being we were in over bought territory it could very well mean that the technical rally is over. Will know more with today's premarket and today's closing numbers. I currently see more down side risk than upside reward. Then again what the heck do I know? I'm still just learning how to play this game, chartseer

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