Replies to post #81564 on Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

Steve...

QLGC is strong, but if you are looking to short it, now is the time, sitting at strong resistance giving an obvious stop loss point with little risk.

I note that even with the nice rally in the large cap index and important tech stocks (<gggggg>) the $USD is falling well off of earlier highs and is now down for the day. Also, in spite of the selling that came in near the close in gold, buying came in and took it back up. Both are good signs for gold and tend to indicate that the correction may be over for gold and that this rally may be about over.

mlsoft

[ieddyi]

Part of the strength in qlgc today could be due to end of month window dressing. They're propping up the sectors that did well this month. They're propping up semis also- nvls looks weak and should drop into the new month

eddy