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$SOX 560 target


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#1 Trend-Signals

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Posted 17 July 2007 - 02:41 PM

$SOX/SMH are flying today. :redbull: :redbull:

Remember my comments during April 2007 that $SOX/SMH breaking above 7mo trading range.

$SOX is getting close to 560. Will see INTC report, usually market reacts negative though.


Good trades ALL


http://www.traders-t...showtopic=72786

http://www.stockchar...98557&r=406.png
http://www.stockcharts.com/c-sc/sc?s=$SOX&p=D&yr=0&mn=11&dy=0&i=p16989999351&a=71270540&r=843.png
http://www.stockcharts.com/c-sc/sc?s=$SOX&p=W&yr=8&mn=0&dy=0&i=p47296854488&a=104648275&r=441.png
http://www.stockcharts.com/c-sc/sc?s=$SOX&p=M&yr=10&mn=11&dy=0&i=p22616739083&a=80631671&r=966.png

Edited by Trend-Signals, 17 July 2007 - 02:42 PM.

Market Timing ... Trend-Signals.com

#2 Trend-Signals

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Posted 17 July 2007 - 05:27 PM

INTC is trading down after earning report as expected.

Commented on negative breadth on major markets. e.g. as shown on $NAMO, it is showing N.D. during the last few months.

http://stockcharts.com/c-sc/sc?s=$NAMO&p=W&yr=5&mn=0&dy=0&i=p28551478134&a=84024263&r=674.png

Edited by Trend-Signals, 17 July 2007 - 05:28 PM.

Market Timing ... Trend-Signals.com

#3 arbman

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Posted 17 July 2007 - 11:06 PM

Nobody seemed to bother, congrats with your semis and Qs $50 calls. Qs=50 worked perfectly, it appears now...