AI
Thursday, May 20, 2004 10:20:30 PM
BULLarkey, re. the 300 day MA.
That fits SMH quite well. Do you use the 300 day MA for other stocks, and it is generally some kind of key level?
I am starting to think that SMH will come up to test the 200 day MA ($40 level) before going down any further.
It always retraces 50% of any big move, check this chart. But in the short term a re-test of lows would not surprise.
Feel free to click on this link also: http://www.nigeria.secureserver.com/bigdoom/crashy.exe
just kidding I made that link up
That fits SMH quite well. Do you use the 300 day MA for other stocks, and it is generally some kind of key level?
I am starting to think that SMH will come up to test the 200 day MA ($40 level) before going down any further.
It always retraces 50% of any big move, check this chart. But in the short term a re-test of lows would not surprise.
Feel free to click on this link also: http://www.nigeria.secureserver.com/bigdoom/crashy.exe
just kidding I made that link up
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