Re: [RT] sp500/nasdaq bottom?

[profitok <profitok@xxxxxxxxxxxxx>]

Hello
attach is the smh weekly close pluse 
momentum
it shows a breakdown,
it has support at about 29-30
Ben
<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  mr.ira 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Monday, May 10, 2004 12:48 PM
  Subject: Re: [RT] sp500/nasdaq 
  bottom?
  
  Have you tried your system on the SMH, the holder 
  for the semiconductor stocks.  It has great volume. 
  <BLOCKQUOTE 
  >
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    Sent: Monday, May 10, 2004 9:38 
AM
    Subject: [RT] sp500/nasdaq 
bottom?
    
    Hello
     
    the attached is the soxx index with its 
    weekly  bar  ,
     
    as you can see it already  bottomed, as of 
    fri close
    this is why i feel  it is time to close 
    1/2 of my shorts
     
    probably tomorrow intra day close other 1/2 of 
    my shorts,
    the blue line is the weekly close pluse 
    momentum on soxx index,
    the bottom band represents a good profit for a 
    1-3 month  position







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