Sox Stays Strong

• May 1, 2001
• Dave Landry

The semis
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
remain strong.
Continue to look for buying opportunities in calls and call spreads here.

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Computer technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating), looks poised to rally out of a cup and handle.
Look for buying
opportunities here in calls and calls spreads.

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Follow Up

Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
continues higher–especially in the individual issues. If you have profits here,
continue to scale out.

Best of
luck with your trading on Wednesday!

P.S. Reminder:
Protective stops on every trade!

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