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To: Shack who wrote (112664)1/28/2005 2:54:13 PM
From: The Freep  Respond to of 209892
 
Yeah, Shack, the SOX move of the low is probably important somehow. It can be counted as 5 waves in the 60 minute chart... but it's odd looking. It could also be an ABC with the B being that Tuesday flatness, and the C being some kinda ED or... uh... wedge or....

I'm actually thinking BRCM is a key one to watch of the non-equip guys. It came close to violating what woulda been 1 up today at the lows, but didn't. Still, what it's doing now doesn't look like a 4, either. It had seemed to be strong, rallying back from an attempted breakout all the way to the December downtrend... but if it were to close here, it'd be below the 50, middle bband, 10, etc. For the SOX to not have been impulsive, we're gonna have to find semi charts that look like they could go lower, so I'll use BRCM as one test case.

the freep