John Pitera's Market Laboratory Message Board

STOCKTALK

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 : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lee Lichterman III who wrote (6077)	5/9/2002 1:12:28 PM
From: Jacob Snyder	Read Replies (1) of 33421

SOX: Today looks like a reversal day. stockcharts.com[h,a]dahlnymy[dd][pb50!b200!f][vc60] Since going below the 200DMA last month, the SOX has repeatedly tested that line from below, without being able to break above it. My plan: Selling semis (and, even more so, semi-equips), with the SOX in the 500-525 area, and buying back in increments on the upcoming dip. I will buy aggressively (AMAT, ALTR, TXN) with the SOX in the 450-500 area, as I think we don't take out the 9-10/01 lows (at least not on the next dip).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next