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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (7564)11/23/2001 10:40:04 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
NV, from what I could see the SOXX bounced off the middle Bollinger Band at around 495.

The SOXX has been dropping since last week's high, possibly telling us what to expect in the future.

The SOXX could turn up early next week off some oversold levels. That divergence may help stem a drop below support at 1682-1800 COMPX and may get the indicators on the SOXX and COMPX lined up again for a march in unison.