6 replies to this topic

[SemiBizz]

http://bigcharts.mar...&mocktick=1.gif



The relative weakness in the broader SOX Index shows you the indiscriminate, brainless buying going on in SMH... Now today the SOX is in a pickle. As long as 496.50 holds, then 487 is the downside target.

[arbman]

I sold the NQ at the open, I expect weakness for the day only.

[Iblayz]

Right now I hate SMH....because of ATML (Atmel). I bought SMH long in four accounts on April 2nd. I sold too soon but owned it long enough to be a shareholder of record in ATML. Now every day or two I get 4 bundles of crap in the mail in regard to that money consuming war among the board and Perlegos. Enough to make me sick of the name Atmel.

[arbman]

I sold the NQ at the open, I expect weakness for the day only.

out with pennies, I am just scalping, I guess, the market is turning...

[SemiBizz]

By the looks of the volume dispatched at higher prices yesterday, I'd have to say that the AMAT miss was one of the worst kept secrets in history...



http://bigcharts.mar...&mocktick=1.gif

[SemiBizz]

http://bigcharts.marketwatch.com/charts/big.chart?symb=smh&compidx=aaaaa:0&comp=soxx&ma=0&maval=9&uf=0&lf=1&lf2=2&lf3=4&type=4&size=2&state=15&sid=176070&style=320&time=4&freq=1&nosettings=1&rand=1800&mocktick=1.gif



The relative weakness in the broader SOX Index shows you the indiscriminate, brainless buying going on in SMH... Now today the SOX is in a pickle. As long as 496.50 holds, then 487 is the downside target.

Rut Roh, this is starting to look like the 2nd Black Crow here...

[SemiBizz]

SMH next good support is 36.70 now...