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Strategies & Market Trends : Sharck Soup
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To: Jerry Olson who wrote (26481)6/7/2001 11:28:05 AM
From: martin001   of 37746
 
OJ - The semis may be setting up a sell the news scenario

Ive been long KLAC for last few days but I'm taking most
of my profits and figuring out a possible short.

If INTC news is "precieved as good" and yet SOX is unable
to push to new highs then you will have a lot of failed
breakouts. RFMD is showing a tasty H/S and frankly
AMAT would also be a canidate as after every rally it
has been setting a lower low.

Course if these do breakout then I will just have to
jump back in <g>

M
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