Supertex (SUPX) - Does anyone follow? Message Board

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Technology Stocks : Supertex (SUPX) - Does anyone follow?

SUPX 63.16

+6.2%

Oct 31 3:59 PM EDT

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To: Donald Kardon who wrote (370)	8/31/1999 1:57:00 AM
From: Norrin Radd	Read Replies (1) of 392

Yes, I've looked at the technicals on SUPX just now and I guess what bothers me a bit is the declining up/down volume ratio. I'd say that short term, a lot depends on the general market direction. If the market corrects, SUPX will likely go with it. If the market goes higher, the semi mfg. sector will likely go higher. The sector has the strongest relative strength out of 197 industry groups. So longer term, the semi sector is the place to be, but Sept. and Oct. are traditionally the worst months for the market. So if one has profits, I'd be tempted to take some, as I have personally been doing in some stocks. Then I want to get back in and put that money back to work before the next round of earnings reports, hopefully after a market correction. We shall see.....

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