We're still 21 points away from testing the double bottom. Now what fool wants to be long in front of that inevitable 350-2 test?
Edited by SemiBizz, 08 January 2008 - 09:33 AM.
Who says the SOX doesn't lead the market anymore?
Started by
SemiBizz
, Jan 08 2008 09:27 AM
5 replies to this topic
#1
SemiBizz
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Posted 08 January 2008 - 09:27 AM
http://bigcharts.mar...&mocktick=1.gif
We're still 21 points away from testing the double bottom. Now what fool wants to be long in front of that inevitable 350-2 test?
We're still 21 points away from testing the double bottom. Now what fool wants to be long in front of that inevitable 350-2 test?
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
ogm
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Posted 08 January 2008 - 10:14 AM
Circuit City reported 11 % drop in same store sales. Comp USA closing their doors.
I'm guessing sales of consumer electronics are booming, and the SOX charts reflects the forward demand.
Go SOX.
#3
SemiBizz
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Posted 08 January 2008 - 10:24 AM
http://bigcharts.mar...&mocktick=1.gif
INTC is not done here, that low on 1/4 will be tested. Stickin out like a freshly hammered thumb.
INTC is not done here, that low on 1/4 will be tested. Stickin out like a freshly hammered thumb.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
KnowNuttin2
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Posted 08 January 2008 - 10:42 AM
http://bigcharts.marketwatch.com/charts/big.chart?symb=intc&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=9&sid=2564&style=320&time=4&freq=1&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=3515&mocktick=1.gif
INTC is not done here, that low on 1/4 will be tested. Stickin out like a freshly hammered thumb.
SOX is a major buy at 350 4 year base low.
#5
SemiBizz
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Posted 08 January 2008 - 11:45 AM
it's been in major buy status all the way down, and the truth is nobody knows where the bottom is. But good luck bottom fishing, there should be some kind of bite.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
SemiBizz
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Volume Dynamics Specialist
Posted 08 January 2008 - 03:22 PM
NEW LOWS SOXX
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
