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


To: Zeev Hed who wrote (83179)6/21/2002 4:43:30 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Zeev, I thought we'd see a breach of the Sept. lows on the SOXX (actually, Oct. lows). That was 340 SOXX. I do recall looking at the long term charts and seeing support at around 275 SOXX and possibly 300, but I don't recall the specific number. Maybe I'll look this weekend, or maybe I'll just wait for it to happen <G>.

One thing we need to remember is that the SOXX did not hit its low until the re-test of the lows in the April 2001 and Sept./Oct. 2001 lows.