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To: getgo234 who wrote (12945)6/10/1998 6:03:00 PM
From: DavidG  Respond to of 25814
 
Getgo,

Well you can look at it another way. If Kurlak had not come out and raised LSI to Accumulate, we would be have one sick stock right now hovering around 19-20...instead of 23 9/16.

I think SOXX is resting at support of 242 give or take a point.

207.95.154.130

DavidG



To: getgo234 who wrote (12945)6/10/1998 6:22:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
Hi Getgo,

SOX has not made a new low, imho. I see this as a retest of a neckline of a head & shoulders pattern which runs from early 1997 up 'til now:

chart1.bigcharts.com:80/report?r=qchart&onbad=qbadsymbol&country=us&symb=sox&time=7&sid=11520&sec=x&xyz=118214781&s=7507

Here's a better look:

chart4.bigcharts.com:80/report?r=qchart&onbad=qbadsymbol&country=us&symb=sox&time=13&sid=11520&sec=x&xyz=119157938&s=14326

I find this H & S to be one of consolidation (not a top) and so I hope we can move away from it. If we break the neckline (support) it could get really ugly........I think I figured a target of 130 last time I did it, just for fun.

So, what's anybody buying? or thinking of buying? and at what price? and when?

E