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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (6202)12/22/2004 7:53:29 PM
From: Galirayo  Read Replies (1) of 23958
 
Sergio, Come on now. It would be no Fun with a helmet.

Gotta be a Furry hat!

The crossovers I mentioned would be the 50dma over the the 100dma on the SOX. I don't think the leadership will come from this sector either. I just want the SOX to follow because if it does not follow then the NAZ may not hit new Highs. In a Rally usually most all sectors participate. The SOX is important to "any rally" and it is Ripe and ready.

If .. "IF" ... it does Follow .. then the Spring may Spring simply because it's wound Tight in a DMA Pinch not necessarly because it's leading or following. It's enough to say it's because it's Wound Tight. And When it Springs it may do so with a Big Spring Action. Like Pretty Big.

That is really all I'm seeing. I don't expect the SOX to lead. Just Follow. It would also be Great if it would ...

SPRING !!!

Here is the Cross over. 50dma over the 100dma.
bigcharts.marketwatch.com

On MU ... it's tested the 100dma 3 times in the last 60 days. Once last month and 2 times this month. Today it rests above the 100dma. There is where I hope it stays above. Money Flow is increasing and most other indicators agree in the upward move. The ascending Triangle I mentioned started say about the 8th?
bigcharts.marketwatch.com

Another View.
bigcharts.marketwatch.com

AMOT .. kinda looks a bit like MU prior to July of 03. But AMOT really kicked that down trend out of the stadium.
bigcharts.marketwatch.com

That is a volatile stock. Huge Swings. Only resistance I see is on it's last three tops. It's on them now.
bigcharts.marketwatch.com

I wish I could get a better read on this 10 day chart. It needs more Volume for me to get a better read.
bigcharts.marketwatch.com

One or two more White candles would do it. Root for the SOX!!!

Ray
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