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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 670.92+0.1%4:00 PM EST

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To: Return to Sender who wrote (35752)1/3/2002 2:15:28 PM
From: Johnny Canuck  Read Replies (1) of 67737
 
Initiating small short position one AMAT here. Stop loss break of 47 on AMAT, 2050 on COMPX or 600 on SOX.

Gap up above upper BB was the trigger. Tomorrow is day 3 of the current run in SOX. ECM's predicting end user weakness next Q. Given their just in time models, I would expect that this view is more accurate than the SIA trailing numbers.

I am having to guess a little bit on timing, the SI intra-day charts are down.
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