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To: AllansAlias who wrote (409)4/19/2001 11:53:20 PM
From: Rambi  Read Replies (1) | Respond to of 209892
 
Go Stars!
(Sorry, AA, couldn't resist)
Rambi in Dallas



To: AllansAlias who wrote (409)4/20/2001 4:02:36 AM
From: Perspective  Read Replies (2) | Respond to of 209892
 
I'm thinking you've probably seen this, but I thought I'd mention it anyway. I've been trying to figure out what can stop SOX here technically. It's something that's really bugging me. I mean, look at AMAT and LRCX; a few more points and they'll be closing in on the Bubble highs, for crying out loud.

Did you notice that, if you connect the mid-April 2000 low with the late November 2000 low, and then apply a parallel TL to the August high, you get a channel that applies resistance, well, pretty much right above where we closed? I don't know if it means anything, but that would define a nice down channel.

BC