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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (55543)11/14/2001 1:08:04 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
12:21AM Sector Watch: Semiconductors : -- Technical -- Sell pressure on semiconductors is weighing on the Nasdaq as the SOX is lower by 1.9% at this point in the session. The index topped out on an intraday basis at 553 which approximates an area of prior support in July/August. It is currently trading in a relatively tight range between 530 to 534. On a break higher, look for initial resistance at 543 followed by subsequent overhead around 550/553. If it should break lower, look for initial support at 519 followed by additional support around 507.

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AdvocateDevil