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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (36659)4/4/2002 4:57:19 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 67803
 
April 3,2002 market commentary

Pru upgrades some semi equipment stocks.

Goldman downgrades IT software stocks.

The COMPX signal is a bit of a mess due to the volatility in the last hour of trading, but technically a buy has been
triggered.

Unfortunately, I can't say the same for the SOX. It failed
to trigger a buy.

COMPX could go either way. Wait for first 45 minutes and go with the bounce if it comes. Otherwise keep you hands in your pockets and prepare to go short on break of 1740.