SOX bearish cross of 10 day ema and 20 day sma. If 480.55 breaks, look for a test of 38.2% 473. QQQQ closed the gap at 40.78. Electronic Arts warned in a big way today and semi book to bill is rather uninspiring at .92. I don't see a sustainable rally until maybe Monday, so be patient and don't chase this one quite yet. Watch the SOX and 486 level, August high. YM target is still 10809 (DOW 10750).
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on Wednesday, December 21, 2005 at 12:04 AM.
