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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.04+0.7%Jan 9 4:00 PM EST
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To: Johnny Canuck who wrote (40840)3/12/2004 4:05:46 PM
From: Logain Ablar  Read Replies (1) of 69663
 
Harry:

Throughout this whole run one item I was surprised @ was elx never approached the strength it used to have. Maybe its just lost momentum by not being listed on the naz and while I would expect it to retest the recent highs TA is saying something else. I would have to guess margins are eroding faster than normal and maybe the hba's day in the sun is nearing an end.

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