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To: AllansAlias who wrote (9390)8/8/2001 2:33:05 PM
From: The Freep  Respond to of 209892
 
FWIW, the SOXX has gone below the 50% retrace of its recent move up from 530.85-657.35. That 50% was around 594, and the soxx is at low 592 as I type.

Soxx leading the naz down to the bottom of the wedge? Nah. Couldn't be.

the freep



To: AllansAlias who wrote (9390)8/8/2001 2:35:58 PM
From: Shortcut  Respond to of 209892
 
Hehe. Of course we should not underestimate the degree of die-hard buy willingness, but I think that more professional buy-the-dipsters might start to think a thought or two about the general state and stability of the market if they are submitted to this type of treatment too often. It should incur a certain feeling of helplessness, since you can't react to these events.

But I am sure they have all the right pills close at hand to overcome these small obstacles on their way to fame and riches... -g- Ok, I'm off to do some physical exercise - for a change. Don't crash now - I want to see it when it happens although I am positioned for it.