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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (1811)1/16/2001 12:43:09 PM
From: 2MAR$  Respond to of 6445
 
SOX) : -- Technical -- The inability to build on the recent minor push above Dec/early Jan highs and weakening technicals suggest index will remain on the defensive for the short term. Initial support is at 630/625. It will take a recovery through 660/662 thereafter to neutralize the current negative bias. Failure leaves the door open to the 610/600.



To: Jeff Jordan who wrote (1811)1/16/2001 12:43:09 PM
From: 2MAR$  Respond to of 6445
 
SOX) : -- Technical -- The inability to build on the recent minor push above Dec/early Jan highs and weakening technicals suggest index will remain on the defensive for the short term. Initial support is at 630/625. It will take a recovery through 660/662 thereafter to neutralize the current negative bias. Failure leaves the door open to the 610/600.



To: Jeff Jordan who wrote (1811)1/16/2001 12:43:09 PM
From: 2MAR$  Read Replies (2) | Respond to of 6445
 
SOX) : -- Technical -- The inability to build on the recent minor push above Dec/early Jan highs and weakening technicals suggest index will remain on the defensive for the short term. Initial support is at 630/625. It will take a recovery through 660/662 thereafter to neutralize the current negative bias. Failure leaves the door open to the 610/600.