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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (2794)4/3/2001 10:11:51 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 23153
 
SecurityTrader on the SOX - Looking at a possible target of 295 representing another 40% downside from here based on a head and shoulders breakdown.

AMAT at 40 currently that would jive with AMAT under 30 before the semi's bottom.

securitytrader.com^SOXX&ChartID=22313&ChartType=D

That said the NDX has reached it's downside target (also shown on the same sight). ARMS indicator has signaled a bottom. Might be a tradeable rally shortly, but it certainly doesn't feel like it.