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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (31351)2/20/2002 1:55:54 PM
From: ItsAllCyclical  Read Replies (1) of 99280
 
Unless semi's manage to close positive I don't think we'll bounce from here just yet.

I'd like to see NDX 1350 or less.

Looking at the charts of AMAT, KLAC and the SOX all are near some trendlines at these levels. A weak close for those should bring further technical selling.

XLNX below it's neckline at 36 (currently 35.3 interday as low as 34.5) H&S meassures down to 26-32 depending upon how you read it.

If they SOX can break 531-532 I'll probably cover - not sure yet.
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