The SOX (semi-conductor index) needs to hold 455.90 on a closing basis (50% 2004) or risk a strong sell-off to November gap close at 441. Not a pleasant thought, but more opportunities for the daring. Stocks like TXN and INTC would be at bargain prices, if they are not already so.
This entry was posted
on Tuesday, June 06, 2006 at 9:24 PM.
