Based on the bios?
BIIB, which I still expect to drop into the abyss one day, and its brethren are keeping the naz/ndx from that final, utter melt. Maybe they collapse into the close to give us a better bottom at support, or maybe money will flow out of them when money goes back to the semis.
Now, I know that the SOX is at support, and the SMH, too, but we had NSM and KLIC both give pretty decent warnings in the last few hours. It's possible the SMH bounces, though puts and calls at 30 are basically even, but I am hard pressed to see exactly why or why it would be more than just a bounce.
the freep, trying not to be too bearish, but having trouble finding bullish charts. |
