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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (32454)8/15/2000 10:59:55 AM
From: Peace  Read Replies (1) | Respond to of 50167
 
Jim,

All I can say for the SOX - WOW !!! One hell of a move for here. We punched thru the 50 day EMA (1059). It will be nice if we can close above it. Sox is a bit oversold now with this 2 day vault and there is resistance in the 1070 area (the low in early July before the double top). So I think we may hang out here for a little while before climbing towards 1180.

Peace



To: James Strauss who wrote (32454)8/15/2000 11:56:22 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
James I would like to look at IIX and SOX PSE if a solid move has to come where this 200 days MA is taken out..right now I think a move is brewing in IIX and I am keeping a close watch on it.. that thing above 520 would be explosive and you are on the money about SOX above 1100, however the point that I have made to Peace can help to make soem entry decisions...