4 replies to this topic

[Cirrus]

I don't think I've ever seen a normally fairly volatile sector wound up this tight in daily and weekly time frames.

http://stockcharts.com/c-sc/sc?s=$SOX&p=W&b=5&g=0&i=p49786325046&a=103934592&r=4.png

http://stockcharts.com/c-sc/sc?s=$SOX&p=D&b=5&g=0&i=p74341000997&a=103934545&r=120.png

[eminimee]

http://stockcharts.com/c-sc/sc?s=$SOX:$SPX&p=W&yr=10&mn=6&dy=0&i=p09673245554&a=35610774&r=8392.png

[Trend-Signals]

Commented on $SOX - SMH 7yr down TL and 7 mo Trading range

After the big gain making a huge up-wave in 1999-2000, it is making 7yr consolidation period.

Since the Jul 2006 bottom call, it traded up about 3 months, then it is consolidating for 4 months.


Good trades



http://www.investors...age_id=18779684


http://www.stockcharts.com/c-sc/sc?s=$SOX&p=M&yr=10&mn=11&dy=0&i=p22616739083&a=80631671&r=966.png

http://www.stockcharts.com/c-sc/sc?s=$SOX&p=D&yr=0&mn=9&dy=0&i=p93451941454&a=71270540&r=427.png

http://www.stockchar...98557&r=872.png

[Rogerdodger]

STAND BACK!

INTC reports tonight.

I post this as a curiosity only because I've found that "max-pain" does not predict.
But both INTC and QQQQ are about 1 point above max-pain.

[PorkLoin]

I can't hold her, Captain -- she's gonna blow!