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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (3898)	1/15/2005 9:54:19 PM
From: Walkingshadow	Respond to of 8752

Yes, TXI just seems to march to the beat of its own drummer but if you compare its relative strength to the $SOX, you can see that it has been steadily moving up in the pack: 139.142.147.218 That probably accounts for its behavior relative to the 10 ema. Either way, the 10 ema is a good place to look to go long, and if you are going to buy a semi, that's a good one for sure. And the sector is getting oversold, also. 139.142.147.218 Maybe the semis will help the indices with a short-term rally next week, but I agree with you that the medium term looks bearish. T