Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (134220)	7/11/2006 11:10:47 AM
From: skinowski	Read Replies (2) \| Respond to of 209892

Checking in here... Agree - SMH in green on a day like today is a solid bullish argument. Otoh, large cap OTC's took out June lows, and no one's hyperventilating and/or fainting. That's no good. VIX broke out a little... maybe that means something. SPY overlapped with the June highs, but $SPX is still holding up. Remember that "support line" starting from the June low? INDU/DIA broke it, but just by a little bit. Will be interesting to see whether they can climb right back above it.