SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cynic 2005 who wrote (12730)10/24/1997 5:24:00 PM
From: IQBAL LATIF  Read Replies (1) of 50167
 
Mohan- The last time btw May June July we had Tech at 306- the major resistance and major support- NASDAQ was at 1215 and S&P was at 753- if these levels of S&P and NASDAQ had to break today was the day- so in your opinion the break has to be nearly of 500 points on Nasdaq and nearly 200 points on SP to be equivalent to a drop of what SOX has gone through already- this drop will only come on back of semis dropping to 225 - I agree today was a bad day but to expect that valuations like SOX will appear all over is rich. In my opinion I agree a possilbity of test of previous lows and RSI of SOX at 14 is only 4 away from 10 the lowest achieved in July 1996.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News