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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Mr. BSL who wrote (13846)5/19/2000 9:04:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Dick: Re: "BPSEMI is bull Confirmed at 40. Also, the semi RS reversed to 0's for the first time since Dec. of 98.!"

How is RS of 0 interpreted as positive?

Re: "What worries me right now is that the very best semi's from a FA point of view ( BBRC and ALTR IMO) are getting pounded down to their long term support lines."

Yes, agreed. Monday will be pivotal. Semi equips look worse than semis on the chart generally. Semiequip BTB comes out Monday night. Look at TXN.

I don't think today was a retest day although P/C spiked to .89 and volume was low. No new (intraday or close) low below Naz 3321. We got to 3381. What was your take?
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