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Strategies & Market Trends : Classic TA Workplace

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To: the-phoenix who wrote (127775)	1/7/2006 11:17:08 AM
From: robert b furman	Read Replies (1) of 209892

HI the - phoenix, Well the biggest contributor to the SOX is Mrvl. Mrvl has just tested it 50 ma and bounced up ,aftering upping its guidance. stockcharts.com[w,a]dacayiay[dd][pb50!h.02,.20!f][vc60][iut!Ua12,26,9!Uv25]&pref=G Looks to me like semis and equipments are getting a rotational respect.They've moved up nicely in IBD industry rankings 8 and 26 respectively. I think the SOX breakout is for real this time - no doubt leaves room for a retest at the breakout range.Possibly benefitting from rotation out of real estate and the many new gizmo's touted about at the recent CES show being compounded with seasonal declines not materializing - rather inventory shortages carrying throught o Q1,2006. stockcharts.com[w,a]dacayiay[dd][pb50!h.02,.20!f][vc60][iut!Ua12,26,9!Uv25]&pref=G All IMHO Bob

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