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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (74703)4/11/2001 2:18:28 PM
From: Doug  Read Replies (1) | Respond to of 99985
 
Haim: MOT's next Q is even worse than this one. The Institutions are using their clout to force the shorts to cover. Once they have they will short again using earnings visibility.

There is a wall of resistance for the SOXX at 590-600. If it bounces off this, it will signal another downturn.