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SOX still collapsing


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#1 Echo

Echo

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Posted 17 June 2011 - 01:26 PM

SOX and intc collapsed within 5 min of the open plunging to negative and new lows. The market traded below the 2.5wk lows of Monday on Wed and Thurs. Risk is high for more down till EOM 5wk low. Even the massive OS, long overdue, pop up is still struggling. We should and will relieve OS, but will it be more in time than price, then more down? I think at best a big 1, maybe 2 day pop up here unless of course... Doc