I see what they have in mind here.. SOX 508. My stuff says they can test the following on an individual stock basis:AMD 16,INTC 21, MU 16, BRCM 35.50, MXIM 34, NSM 27, MRVL 21, SNDK 50 just to mention a few... a rally to those prices would take us well over 500.
SOX is probably going to 508...
Started by
SemiBizz
, Mar 22 2007 11:26 AM
3 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 22 March 2007 - 11:26 AM
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
Cirrus
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- TT Patron+
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Member
Posted 22 March 2007 - 11:38 AM
If the resent swoon marked the 9 month low the SOX could go to 560ish. That assumes we get an IT rally here.
#3
beta
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lasergirl
Posted 22 March 2007 - 12:39 PM
... meanwhile, if QID can get past today's HOD, should get to 53.5+ fairly quickly.
Looking to buy Qs around 43.6.
"Daytrading -- An Extreme Sport !"
#4
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 22 March 2007 - 02:06 PM
http://bigcharts.mar...&mocktick=1.gif
You know how it works, one day you wake up and they are all up...
They gap them up, the shorts all try to cover at once
and then... well you know...
You know how it works, one day you wake up and they are all up...
They gap them up, the shorts all try to cover at once
and then... well you know...
Edited by SemiBizz, 22 March 2007 - 02:07 PM.
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
