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[RT] sp500/nasdaq bottom?



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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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Attachment:
soxxw050904.gif

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