Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: hotlinktuna who wrote (24636)	1/25/2002 12:45:55 PM
From: Sully-	Respond to of 99280

12:41 ET Nasdaq Composite : -- Technical -- After several intraday failures index has finally edged past its 200 day simple ma at 1937 with the extension of the recovery rally in the semiconductor sector (SOX +2.3%) pacing the way. Next resistance for the Nasdaq is in the 1948/50 area followed by the stronger ceiling between 1960/1965 (chart barrier, 38% of Jan slide, 50 day simple ma). Important to maintaining the improved intraday bias is a continued stabilization above 1937. 12:34 ET PeopleSoft (PSFT) 34.95 -3.48 (-9.1%): -- Update -- Co issues press release announcing a conference call Monday to "announce a major agreement with a leading global services provider." The call will begin at 4 ET.