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: DebtBomb who wrote (69033)	5/18/2002 11:02:56 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 99280

Dale, on March 9th (just as we printed the SOX high on March 8th at around 642), I had a major sell signal on the SOX (#reply-17175829) and I commented that the 99% of the semi are above their 10 DMA, and thus could not go higher. While right now only about 91% are above their 10 DMA, looking at the last 4 five days of that number, it seems to, once more, be making a strong top here, further strengthening my pinion that Wednesday was indeed the high of that short term cycle. Zeev