Monday, September 16, 2002 11:14:40 AM
11:03 ET Semiconductor names edge to lowest level since November '98 : -- Technical -- SOX drops to its lowest level since November 1998. Currently trading just over 270, look for initial support at 268 which represents the lower end of its 10-day Bollinger bands. To the upside, watch for initial resistance at 274 followed by subsequent overhead at 278. Sector components contributing to the weakness include: LLTC, ALTR, MXIM, TXN, NSM.
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