News Focus
News Focus
icon url

FinancialAdvisor

01/10/06 1:43 AM

#14003 RE: michael03332002 #14000

***SMH, michael, I think if the markets and the SMH don't get any liquidity or volume pump tomorrow in the first half and yet have early session spikes than they will be vulnerable to afternoon weakness into tomorrow's close. Today's volume wasn't the type of volume that a true rally of this magnitude is made of...

Thinking like the market for a minute and the SMH has a shot to shoot over $40 tomorrow, the question than becomes is that the short-term bull-trap set up into options expiration and for how long would the move continue?>>>

(Maybe we target 2340 on the Nasdaq Composite after all)