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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Suresh who wrote (7610)	11/1/1998 8:07:00 PM
From: Jerry Olson	of 44573

Hi SG excellent observation my friend... yes, because of the segmented semis stocks, i do see fragments of good/bad within the confines of this Total Sector... The DRAM guys MU etc are doing better, then the equipment guys... both the frontend & backend..AMAT/KLIC...types arent really doing that well yet... then there are the specialty types UTEK/SVGI, starting to come to life.. i'm just trading them right now...i've said it here before, there is still 2-3 quarters of trouble out and about... but there ARE signs of life...South Korea may come back on line after an excellent reaction to the IMF package & there own wonderful stringent monetary policies, that have begun to work... if Korea emerges again, and begins to start Capital Spending then the equips guys will rock & roll all over again, just like in NOv/Dec 96... my current play is KLAC strickly on P&F Bullish Catapult Chart... regards Jerry

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