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To: The Freep who wrote (121239)6/29/2005 2:04:27 PM
From: Galirayo  Respond to of 209892
 
The 20ema may have been the clue.

stockcharts.com[w,a]dacayiay[db][pb50!c20!f][vc60][iut!Ua12,26,9!Uv25]&pref=G

Message 21459026



To: The Freep who wrote (121239)6/29/2005 2:28:09 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
100% agree, the SOX is worrisome near-term. KLAC in particular looks like a 3 down off the recent high. And yes neither IBM nor MMM look bullish, but they haven't for some time.

I wouldn't be surprised if the NDX/COMP abc's morph into abcde's.