SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (51477)4/15/2002 9:23:50 PM
From: ajtj99  Read Replies (1) of 99280
 
Thanks, Zeev. Like I said, I don't know the SOXX too well. It will probably take out 600 tomorrow on the open if there are the usual upgrades in the AM.

I looked at some P&F charts this weekend on the QQQ that show a breakdown to either 27 or 28. The last couple of times they had breakdowns, they were met at or near the targets after a fake-out, DCB, kiss of death or whatever rally.

28 QQQ would equate to around COMP 1450 or so, which would be a successful re-test of the Sept. lows and could be the launching pad for a rally off deeply oversold levels.

I know you are looking for possibly 1600 or 1500 COMP in June. I guess that's a long ways off, but I just wanted to let you know the P&F view down the road.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News