Replies to post #275829 on Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

Regards $SOXX, in the just in case department; a break down at 386 would be the point of no return, imo.
i would call 386 to be its' Marginot Line.

[opnion]

ya looks nasty, but there is hope if somewhere in the range of 385-390 holds if that gives way then about 340-345 is almost a given and should that fail then 308 is likely over time. Those likely would have to be externally driven events imo. I think 387-88 holds for now and then a bounce back up to 450-480 is possible over the next several months. 385 would get me defensive.