be alert for SMH intraday and or closing basis move above $38.32 visible on the daily...38.24 visible on the weekly looks like it may be surpassed on a weekly close this week, but time will tell.
TXN, INTC, KLAC, NSM...folks much smarter than I are pointing out that something is up with these leaders, and their 5 to 8 year price charts...when you consider trendline analysis and horizontal price zones
Edited by hiker, 18 June 2007 - 10:25 AM.