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Strategies & Market Trends : News Links and Chart Links

SPXL 225.50

+1.5%

Jan 22 4:00 PM EST

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To: Zeev Hed who wrote (1111)	12/8/2001 8:15:08 PM
From: OX	Read Replies (1) of 29608

right, I hear what you are saying. I didn't say I was bullish on the SOX, just that IMO the daily SMA were more bullish looking than the weekly. but you said "the daily SMA looks even worse": really? I don't see that since in the weekly, price is testing both the 50 and 200 from underneath. whereas for on the dailies, price is above both and it should at least see a retest of the 50dma (from above).

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