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Strategies & Market Trends : Group Therapy
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To: E. Graphs who wrote (3223)3/7/2001 11:16:29 PM
From: Duane L. Olson   of 4564
 
E! Agree with you that the chip stocks likely won't perform until summmer. It was impressive to me, however, that the SOX has outperformed the Naz on an RSI basis since the Dec 21 low. I propose that the chip stocks will outperform as well, once a recovery starts, in the summer.
ERF went "ex" today, so I get an early, fat dividend -- a mild surprise to me. As expected, ERF popped up slightly. Should get another small pop tomorrow... betting the odds.
tso
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