Replies to post #343230 on Zeev's Turnips Patch-No Politics (ZEEV)

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When I look at the trend lines from January of last year I see the SOX/SMH as never having really broken out of that downtrend. A higher low than the one formed in 2004 is possible for sure. So with a lot of congestion in the 387 to 392 area I'll watch for that probability.

Thanks, RtS