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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (17476)	8/19/2002 2:28:39 PM
From: t4texas	Respond to of 36161

sox channel has moved from bottom to top back a few weeks ago when the sox was banging daily against the bottom (down around 290 to 300) of its downward channel, i posted here that that was the point to buy in to some chip stocks. now, luckily i guess, the sox has moved back to the top of its downward sloping channel (around 364 to 368). so unless the sox is going to break out above the down channel soon, it is time to sell or get ready to sell some chip stocks. if a break out upward happens, buy in on the big break out. i sold off a few chips today based on this discipline.