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Replies to #23062 on The Black Box
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The Freep

01/24/05 9:03 PM

#23066 RE: was Steve #23062

Fair enough, Steve. I only answered cuz wahz has said "no change" for him, so I'm guessing that means it's all the same reasons he's stated before.

I don't know what could change his scenario (I know MJK had a different path if we closed under 2055, which we have, though I don't know where that path lead). To me, the semi charts are not a happy lot and don't forecast the rebound I'd expected. That said... when/if they reverse, we might find out that this was just a sharp shakeout. Dunno. I don't have the "visibility" I once had and won't til we see the bounce and what levels it comes from. I still want that bounce this week, but I'll freely admit I see a ton of charts that look more like they're starting major down, not ending it. I hope that's wrong (or we get it all in a hellish couple days???).

the freep