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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29434)	10/22/1999 9:10:00 AM
From: Jerry Olson	Read Replies (1) of 50167

Morning IKe... SOX index..if it prints 510, this would be a 3 box reversal up...don't know how high it will go tho...it did break the Bullish Support line recently at 490 and went one more box lower at 480... this was the FIRST sell signal for almost a year..this index has not looked back... in P&F jargon..we are supposed to ignore the first sell signal in an uptrend... i think i'm gonna do that<G>...the semis are the best sector to be invested in...lots of great numbers coming out, lots of upgrades too... the semis will lead the next great move up in these markets...i forsee, Q1 thru the entire Y2000, as the best forward looking cycle in quite some time... don't forget the twins..KLIC/KLAC...hahahahahahaha OJ

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