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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (129814)	2/22/2006 12:41:28 PM
From: bcrafty	Read Replies (1) of 209892

Shack, I remember the overlap discussion in 8/04 (when SOX overlapped its 12/02 high) and while that's bothersome to the very long picture, it sure hasn't prevented our boardmates from playing the semis since then. <g> Despite that overlap, have you considered any bullish alternate read (other than SOX being in a B since 8/04)? I only have one semi left (CY) so I'm not too concerned except about the usual impact that the SOX' activity has on the naz in general. Although I think that the minimum 50 SOX points over the next week that you propose might be pushing it, I'd love to see it happen anyway. Maybe it would lead to that March top proposed by Desmond.

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