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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich Scharf who wrote (10678)8/18/2000 12:26:40 PM
From: stan s.  Read Replies (1) | Respond to of 49816
 
LRCX, I still have some but I'm getting uncomfortable, the SOX could be getting overextended in the very near term and LRCX has resistance of some significance starting around 29 5/8. It's already pulled back from that point today.

If it can't clear and hold over 29 3/4 towards close, I will likely exit (half or all) and reenter when/if it pulls over that area on volume, perhaps next week.

Just my opinion at the moment.