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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: maceng2 who wrote (47778)3/28/2004 5:56:26 AM
From: energyplay  Read Replies (1) of 74559
 
I changed time scales so moving avg. would show 50 & 200 day on the weekly chart -http://stockcharts.com/def/servlet/SC.web?c=SMTC,uu[m,a]waclyyay[pb10!b40][vc60][iUb14!Lc5]&pref=G

Money looks like it's weak.

Long term trend is still up, but I think intermediate and short term are down.

You're right about Semi bookings, which will likely peak in a few months. I expect much of the smart money (and my dumb money too) will exit around May or June....too many semi business cycles gone buy....even I learned.
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