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 : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: garrick le who wrote (55557)8/12/1999 1:06:00 AM
From: Jenna  Read Replies (1) of 120523
 
Semis will only be acting naturally when you short them because they should drop somewhat, build another base, consolidate and break out again, but Its recovery will be more predictable and not as haphazard as the net sector. The best stocks with the highest relative strength go down 10-15% and even 20% then they build a sort of 'cup and handle' or similar configuration and oodles of investors, institutions are dying to get in again wait until just before the break out or during the breakout and the process begins all over again. Cycle might not take more than a few weeks. They call it 'getting into high relative strength stocks at the right time'..

But that is not the pattern of the internet stocks.. there are no big insitutions, individual investors, hanging around waiting to pick up JNPR, ARBA or RHAT at least not for more than a few days. AMZN, YHOO, AOL, EXDS, BRCD and BRCM are different, I do admit but still not by much nor are they as 'strong fundamentally' and good for long term portfolios as as the semis other similar sectors that include CSCO, HWP, INTU etc.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext