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Politics : Welcome to Slider's Dugout

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To: Nihontochicken who wrote (3279)	11/3/2006 2:30:57 PM
From: Nihontochicken	Read Replies (1) of 50418

I still don't believe the SMH has given up its broad market lead position. If so, then observe the SMH daily, headed down the ol' BB slide: tinyurl.com Backing out to the weekly, it could bounce off the BB midline just below 33, or plunge to the lower BB at about 30: tinyurl.com But here's the kicker, back out further to the monthly chart, and look at that BB pinch: tinyurl.com If anything, the monthly chart slightly favors a downward pop, but just bears watching for now. Whichever direction it breaks, it should be big. FWIW. NC

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