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 : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (84921)	2/24/2003 6:51:47 PM
From: Robert New	Respond to of 208838

Hi West....lots of negative divergences showing up on the SOX chart tonight. I think their time is coming due for a quick trip down soon. Im seeing a lot of bearish signals continuing....weak p/c all day...VXN red...trannies breaking down...VIX bounced off support...we couldnt even do a 50% retrace from the move down off of 1465 to 1265... Some whipsaw is likely with war at hand but keep the bigger picture in mind re earnings and valuation. Also keep a close eye on the future PPI/CPI reports...rates could be in a bottoming phase here.