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

To: Return to Sender who wrote (32883)6/19/2001 10:31:04 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69867
 
A lot of stocks are still powering to 52 week lows today,despite the rally. I think there is plenty of time to get on board if there is a strong counter rally on the daily charts. JBL earnings after the close will tell us alot about the health of the individual segments.



To: Return to Sender who wrote (32883)6/19/2001 3:41:08 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69867
 
SOX now at 581. One more point and I would consider this a clear break of the support level and go short SMH. We can still turn going into the close.

<EDIT> Bouncing now. SOX needs to close above 590 to maintain any kind of bullish stance.


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