Replies to post #38 on *~1Best~* Market Timing & Trend-Signals

[Jamestown]

Since TXN,INTC and AMAT represent 50% of the SMH, they will most likely represent its direction. That is one long considation pattern and excellent graph on the SMH and which ever way that breaks means a significant move. Of course I think up. Have to look at the P&F charts for the SMH but if I recall correctly the SOX P&F charts point to much higher values in that index. The COT numbers on the SPX are very encourging in favor of a continued advance in that index and it is unlikely that the other indexes would not follow suit. Sorry that I do not have the ablility to post that data. The futures are starting to move higher than earlier readings. It could be very interesting on Monday. I think that the first week in April may surprise the bears. Time will tell. April Fools day is upon us.