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: westpacific who wrote (61977)	5/5/2002 11:49:21 PM
From: westpacific	Read Replies (1) \| Respond to of 99280

The closing SOX candle show no rally for Monday - one more day down, then green on Tuesday is how this will play out, if you want to go long, towards the close Monday is best bet. Also the SOX 2 year charts shows the candle cleaning closing under the VMA for the first time since Sept low. Until we get better technical confirmation via Monday close - a trader cannot go long just yet IMO. What is key in this chart, last time the candle did this, July 2000 - the SOX went into a freefall, and again in July 2001 - freefall. Careful Bulls. With one more days date the set-up could be better defined.