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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (32750)	6/12/2001 12:58:55 PM
From: Johnny Canuck	Read Replies (3) \| Respond to of 68614

Hi Clint, I have a buy signal on the SOX, but a negated buy signal on the COMPX. I agree that I would stay out for now. I am actually looking to short some SMH on the bounce this afternoon. I got faked out yesterday by the relative strong close on the SOX in light of bad news. That make is trying hard to stay in the positive. It may be triple witching options is give it a positive bias. Based on the options from last week it looked like we would close the week above 2200-2240 at least. Let me know when you enter and exit.