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Re: chichi2 post# 7261

Saturday, 01/17/2004 2:04:38 PM

Saturday, January 17, 2004 2:04:38 PM

Post# of 76351
Re: next week, some charts:

A look at the high-beta SMH (semi conductors HOLDRS® stock).

More on HOLDRS® found here:

http://www.amex.com/holdrs/prodInf/HrPiMain.jsp


SMH Weekly chart remains very bullish, with next resistance at $50.

Just buy the pullback and hold into Feb. Best to buy SMH when the Daily money flow indicator is low, and sell when high. This indicator works well with SMH.


Daily:

http://imagehost.vendio.com/preview/wa/wallabeshort/SMHDaily.gif

Weekly:

http://imagehost.vendio.com/preview/wa/wallabeshort/SMHWeekly.gif



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