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To: Galirayo who wrote (126865)12/8/2005 9:06:29 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
475-ish doesn't look bad. It would put $SOX not far from the 38% retracement of the rally since Oct 28... and close to the low of Wave 4 of the said rally.

edit - A line connecting tops of march 2002, Jan '04 and the recent one last September also passes through the mid-470's... fwiw.