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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (987)4/13/2000 6:59:00 AM
From: robert b furman  Read Replies (1) of 33421
 
Well it looks like we are getting oversold here:http://www.siliconinvestor.com/research/chart.gsp?i3=4&i2=3&i1=6&i0=8&smaema=1&bbpct=2&period=120&lr=25&obv=5&chart1=ma&ma2=20&ma1=5&dmi=10&rsi=14&macd2=26&macd1=12&rbv=1&cci=60&sk=12&bbprd=10&wpr=10&chart=candle&s=compx&sd=5&mt=22&scale=linear&macds=9&time=day

But there might be some new leadership holding it's own in a down market (NOTICE THEY ALL ARE ABOVE TUESDAY'S QUICK SPIKE DOWN ) So maybe there's more down to come or maybe we reverse on earnings - let's hope they can come out of the gates as the new "value tech leaders". You know the ones with :no debt,big backlogs,and something perhaps novell - a bottomline profit on historically exceptional margins and growing.I guess it's just a dream.It is the only hope of saving this market for another swing up to complete what would be a final distribution top JMHO.

siliconinvestor.com

Besides you're the guy with the dog<smile>.

Bob
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