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.
Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%Nov 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (5111)8/27/2002 1:54:47 PM
From: Return to Sender  Read Replies (1) of 95479
 
At this moment the market has looked like it might attempt to rally again into the close. If it does I think it will fail. A lot of damage has been done so far today and I don't think it will be undone until we retest the July lows. Just my opinion. My trading account is back in cash. The 6 month SOX chart does not look so good to me so if we rally a bit I may go short again.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20][vc60][iUb14!Uk14!La12,26,9]&pref=G

If we don't rally then I am going to attempt to be patient enough to see another bottom put in over the next couple of weeks. Then hopefully it will be a good time to go long.

Thanks for posting the MarketWatch update.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext