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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: J.K. who wrote (590)	6/3/2005 3:27:33 AM
From: Walkingshadow	Respond to of 4814

Hi JK, Thanks very much. I did notice that your chart of the semis used the SMH as a surrogate. The $SOX itself is slightly behind. SMH looks to be successfully challenging resistance, while the $SOX is still just below that: stockcharts.com[h,a]daclyyay[dc][pb9!b4!f][vc60][iUk12!Up5,3,3]&pref=G As you point out, $445 is the critical resistance for the $SOX. Your point about the air above $38.50 being thin is quite true.... most of the resistance between $38 and $39 has been invaded now, and it is much lighter above that point. T