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3xBuBu

03/25/06 4:13 PM

#26927 RE: SyndicateTwo #26925

SMH is turning
6 month Fib

12 month Fib




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Torqputty

03/25/06 5:27 PM

#26931 RE: SyndicateTwo #26925

SMH, one more (chart) cad,

listen man, i have not agreed with your upside charts since you started posting (sorry), but the common thing we have is, we're bulls.

i know you have recently changed your sentiment to bearish, and i am also getting frustrated with the price action.

look at these two charts and see if you see consistency,

i'm thinking this is the bottom or near bottom, i have a downside price target of $33.43 for smh but will have to drop it if the macd trendline breaks out, i will also throw out the tax season downside scenario,

take your time, review and see if you agree the semis are turning, also.... what would trump this? and do we need to close the November gaps before rallying?

All,
the message is for cad but chime in if you have something to add in relation to semiconductors.