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J Kirksey

06/02/04 9:43 AM

#992 RE: TREND1 #991

SMH break - I will be buying more puts on first mkt bounce
50d SMA on SMH is history, $SOX about to break.
Look at XLNX - was up pre mkt now down big!!!!!!!

More convincing that 5/28 was the top
MACD's beginning to converge - sell signal calculated at 4 to 5 days from now - that means semis could rally, but history says, look for the sell signal to confirm top based on LN.