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Tuesday, April 1, 2008

Stock Setups To Watch













3 comments:

beachbumtrader said...

add the 200 ma to the VIX. looks like a fill of the gap below (21-22) is possible. love your blog & thanks for sharing your set ups:))

Darwin said...

Stewie, what are your thoughts on the semiconductor holders SMH.The chip sector is down as much as the homebuilders and financials over the past year. Everyone seems to trying to pick a bottom in those sectors and no one and I mean no one has even mentioned the semi's. I believe they bottomed this past Jan. and SMH has been tracing out an ascending triangle pattern.

Stewie said...

darwin. i agree the semis have been ignored. but i do not see any compelling pattern, unless the SMH break $30 with conviction. NVDA looks good however.

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