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To: Galirayo who wrote (6191)12/22/2004 9:04:52 AM
From: Magnatizer  Respond to of 23958
 
Ray,

It sure is wound up tight. I feel the initial move out of such a setup will be a headfake. Waiting for a retest of downtrend breakout level would be my plan to get long SOX stocks. If the retest fails, sell.

Keep in mind, I am on the extreme side of rusty. :)

Playing a good Nicklaus today. Gotta run!

Wishing all a very Merry Christmas, happy holidays and a very exciting new year.

ht
Mag