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To: JRI who wrote (8316)7/30/2001 10:03:20 AM
From: The Freep  Respond to of 209892
 
Down for now, JRI.

Now I'm sure everyone else saw this, but the SOXX did make a marginal new high for this foray up. Considering how far the Naz and all are from their last highs, this is either a positive divergence OR it speaks to sector rotation (storage being killed since the last top, for instance) and means that the SOXX doesn't have the strength to lead right now. Time will tell.

the freep



To: JRI who wrote (8316)7/30/2001 10:03:31 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I am not touching the order entry platform until a definitive move is made. If COMPX gives any at all we'd get a failure of the DT line breakout on Friday -- this would be a powerful signal to get short.



To: JRI who wrote (8316)7/30/2001 10:06:17 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Lots of decent s-t support for COMPX between here and 2010. The ninjas were wooed to the other side and have become support ninjas.