Semi Equipment Analysis Message Board

STOCKTALK

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.

Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (7052)	11/22/2002 11:11:01 PM
From: Gottfried	Read Replies (1) of 95530

Sarmad, I scan NDX for PnF buys and then report the bullish percent partly because it's easy to do [only 100 stocks to scan] and many stocks of interest to us are in the NDX. According to PnF wisdom, bpNYA [also called bpNYSE] is the main indicator of market health. It's far from topped out. stockcharts.com[e,a]dallniay[df][pf][vc60]&pref=G Neither is bpcompq [bp of Nasdaq] stockcharts.com[e,a]dallniay[df][pf][vc60]&pref=G It has in the past gone to 55%, regardless of the level of Nas. So the rally may continue a while longer. But nothing says bp MUST go to previous peak levels. I charted Nas against VIX and bpcompq to see if the bp and vix can be used for timing the Nasdaq. Looks like the could - in the past. This chart suggests Nas has a ways to go. Compare VIX and bp to a year ago. Almost identical. home.attbi.com PS: I hope I haven't posted this before Gottfried

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next