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opnion

01/09/05 8:30 PM

#343230 RE: ReturntoSender #343229

Looks like any bounce will be limited, $sox 387-392 looks highly likely .

http://stockcharts.com/webcgi/Pnf.asp?S=$SOX&Y=U&B=7&N=A&C=2
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ajtj99

01/09/05 10:37 PM

#343244 RE: ReturntoSender #343229

I tend to agree, RTS. That 50SMA resistance is illustrated quite well on that chart. It was support, and often support becomes pivotal resistance.
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Stock

01/09/05 11:22 PM

#343245 RE: ReturntoSender #343229

INTC announces this week. Isn't that the trigger for this earnings season? Straddle anyone?