Replies to post #241960 on Zeev's Turnips Patch-No Politics (ZEEV)

[Mapleton]

That could indicate a rally. But it could also indicate the opposite. If the markets continue to have little confidence in stocks, the stocks which have recently made small rallies would be due for a sell off.

So those stocks are either indicating a rally, or providing the market with more things to sell off.

[plexxus]

SOX was beaten to a pulp recently...thus a reflex bounce isnt surprising...most semi's look like they're forming bearish flags again...imo max move SOX is to 475....very bearish cross setting up at 480 (50/200 day)...above that level im bullish...as long as we muddle below im a bear.