SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Trader who wrote (41128)4/24/2000 3:35:00 PM
From: robert b furman   of 44573
 
It was in the .com sectors,that's for sure.
It was very absent in the "old technology"/value stocks.I'm thinking in the final top "every dog gets his day" - even old tech value/slow growth stocks.

I think that the DOW up and the NAZ down divergences are an indication of the sector rotation occurring.This reinforces the thought that this is a test not a Bear.

Key to large profits will be seeing the sector Leaders(I'm eyeing amat,nvls,klac,asyt,cohu) as they complete the right side of a cup and handle formation. Light "add to" can be made on breakouts with good volume.

Last but not least a quick profit finger will make you rich verses slaughtered.This is a fast expanding v distribution top.When and if it ever get to look too good to be true - we should be out early and entering aggressive short positions. That is really hard for me to do.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext