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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (4783)1/9/2005 6:41:14 AM
From: robert b furman  Read Replies (2) | Respond to of 12411
 
OK,

If you look at the SOX (daily)http://stockcharts.com/def/servlet/SC.web?c=$SOX

Then center the spiral on the previous low (mid december around 420ish - where the price bounces off the 50) ??

Price is pretty close to the spirals wall going down.

If it held here around 400 for 2 days -price could brake through the wall(up).Just about when Intel announces EPS on tuesday AH I think??

Do you have a spiral read here??

Also watching to see if Friday wasn't a setup up for Day 1 buy wiggle(a reversal day),with Monday quietly trading a higher high and higher low,but lower close - tuesday a lower low and close above fridays high??

I have a stock Cohu that really has dropped but shows some negative divergences: Stochastics has turned(beginning to and price hasn't gone to the 13-14 range).

CMF has stayed positive and accumulation has an upward slope??

stockcharts.com[w,a]daoanyay[dc][pb33!b50!b72!b150!b200!f][vc60][ilh14,3!la8,21,5!ld20!lb14!lf!lc20!lg][J27980957,Y]&listNum=14

This is Chips updateable chart on it.

I have a short gain on some shares and can't decide to sell and hope for a repurchase @14-15 or just let it dip and forgetabout it?

Darn chrystal ball goes on the fritz - just when you need it.GG

Bob