AI
Thursday, March 20, 2003 11:06:56 AM
SOX retesting yesterday's high
Unless we get a breakout of 330 I would think we retest the 100/320SMA again. FTSE retested it's major support for a couple of days before having a breakdown. I would think that we have some volatility here, much as in October, before we move higher. Should be several more tests of support, possibly even lower support levels. That was how the move in October played out anyway.
Good Luck Steve! :^)
Unless we get a breakout of 330 I would think we retest the 100/320SMA again. FTSE retested it's major support for a couple of days before having a breakdown. I would think that we have some volatility here, much as in October, before we move higher. Should be several more tests of support, possibly even lower support levels. That was how the move in October played out anyway.
Good Luck Steve! :^)
Good Luck to All! :^)
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