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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (6086)12/9/2004 7:20:59 PM
From: Galirayo  Read Replies (1) of 23958
 
Sergio, I agree on the SOX and resistance on the 200.

I also see support on the 150sma in the form of a doji. And a 50sma crossing the 150sma. Confirmation tomorrow may reveal more.
bigcharts.marketwatch.com

NSM alone cannot move the mkts but the diversity of chips today does not mean that a segment of the Chips emerge. ie cellular chips.

The way I'm looking at this is the Nasdaq is not going much higher if the Chips don't participate. Therein lies the problem. Sure software could lead and tech as a whole could but where's tech going without chips?

Last Chance for ACRS? Spend it now take deductions or loose it and Clear out that old chip inventory.

If this market has another leg up ... chips will participate. Even if they are pulled along by another mkt sector.

And Yes Taxi .. I had great respect for him. Where is that @$%^$&$&* ? I'll leave the other one out.

And as for Ken .. well he pulls Rabbits out of his hat all the time. I think he's worn out a few hats by my count. Maybe someday he'll share "all" of his secrets.

OI and FOSL are showing signs of life.
clearstation.etrade.com

Ray
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