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To: The Freep who wrote (170102)7/29/2008 9:21:33 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Hi Freep..Glad to hear you and your clan got through OK..

For tech, I've taken to following the XLK..InfoTech ETF.. now the heaviest weighted component of the SPX...Doing much better than SOX/SMH...Hanging in there, well above Jan low and the higher Mar low..

SMH btw doing somewhat better than SOX..Came close, but has not undercut its Jan low..

And can't let this pass, of course, without mentioning that SOX is one of those bastard price-weighted thingamajigs...LOL



To: The Freep who wrote (170102)7/29/2008 10:01:02 PM
From: Galirayo  Respond to of 209892
 
Hey Freep .. Glad to hear that the SoCal Coast is still intact.

TXN had something to do with that New Low on the SOX .. It had a Giant Gap Down recently.

There's a Very Long Term horizontal in that area of the SOXx that may have provided some support .. I may have this counted incorrectly but here's the View.

img518.imageshack.us



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