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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Terry Whitman who wrote (51613)7/14/1999 10:51:00 PM
From: NickSE  Read Replies (2) of 86076
 
IMHO, the semis are on their last legs and I'm watch 'em close for some mondo downside. You don't get a 38% gain in less than two months, without a serious pullback. (If we rocket up another 38% I didn't write this BTW.) -f-

Onto the sector, the P&F bullish percent is 80%ñ (very overbought) and for me to start licking my chops we need to drop below 70%. I'll give ya the heads up when we get there.

I think the SOX steam is close to running out now- but I have no TA to back that up- just funnymentals.

BTW, funnymentals???...does anyone follow that stuff anymore??? :)

Take care,
Nick
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