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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: joe smith who wrote (37032)	3/19/1998 11:06:00 PM
From: donald sew	Respond to of 58727

Joe, On the SOX - it is in the lower half of the Bollinger Band. Also notice the lower lows and lower highs. The NAZ has moved up nicely but the SOX moved up only a few points during the same time period. When the NAZ moves down, it could push the SOX down hard. I realise that many feel that the SOX is near the bottom, but on a technical basis it could easily set new lows. It is still 50 points above the 52 week low at around 245, so it does have downside room. Technically it is the weakest major index. Seeya