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To: DavidG who wrote (18444)5/14/1999 12:40:00 PM
From: Moonray  Respond to of 25814
 
Possibly, yes. Like a bar-chart, P&F says nothing about how long (or if)
the current 420/425 resistance will take to broken on the up-side or
resolved to the down-side. It only points out that we are there. IMHO
a move to 375 on the $SOX would find temporary support but the up-trend
would be broken. Walla! A quadruple top. It is my belief that the $SOX
will be resolved to the up-side with INTC joining the parade and 500
on the $SOX is coming.

According to the SOX PNF are we looking at a quadruple top???

o~~~ O