AI
Friday, February 14, 2003 12:50:45 AM
SOX at Resistance or Support?
It left us Guessing at the EOD as to whether we would get a Long Calls signal or a Short Puts signal out of it as it closed right At the 100/320SMAs. I think that using the INDUs relationship to the 100/320SMA might be the Better signal to use though. We have seen headfakes from the TNX, NDX and SOX before. Perhaps tomorrow we will Know?
Good Luck Bernard! :^)
It left us Guessing at the EOD as to whether we would get a Long Calls signal or a Short Puts signal out of it as it closed right At the 100/320SMAs. I think that using the INDUs relationship to the 100/320SMA might be the Better signal to use though. We have seen headfakes from the TNX, NDX and SOX before. Perhaps tomorrow we will Know?
Good Luck Bernard! :^)
Good Luck to All! :^)
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