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Technology Stocks : Semi Equipment-Sell when they're singing in the streets

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To: Q. who wrote (45)3/29/2000 11:11:00 PM
From: Gottfried  Read Replies (1) of 276
 
D, you said >I would agree that the ratio represented by the red bars is probably one of the best indicators to test for possible sell signals.<

Unfortunately it is a lagging signal. To calculate the
ratio I need both, semi equip orders and ww semiconductor
shipments. The former are published on the 20th of the
following month. The latter lag by even more than 20 days,
often 6 weeks.

So by the time you get the sell signal, you've already lost
30 to 50 % from the price peak. It's not so bad for buying
near the bottom, though.

If you insist, I'll make a sample chart though placing the
ratio bars on the date when they would have been available.
[January ratio about March 7th]
Just speak.

Gottfried
PS: BTW, on my price vs SEMI equip order charts, the bars for orders ARE placed on the date SEMI announces them.
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