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Pastimes : Tidbits

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To: Didi who wrote (567)7/6/2000 9:48:27 AM
From: Clappy  Read Replies (1) of 1115
 
Di, What do you make of the Chart of the chip sector?

Here's a link:
siliconinvestor.com

Do you think this could be a double top because it has not broken March's highs?

Any thoughts on which sector may be getting hot?
The biotechs seem to be picking up speed.

Is it possible that the houses are playing games with us?
I find it odd that they would give the chip sector a bad rap just before earnings season is getting closer.
I wonder if they are trying to flush out some weak money so that they can get our shares at a discount.
They pump up the biotechs to make them look attractive now.
Then the sheep follow.
The houses buy into the chip sell off.
Then as earnings come out with record growth, the sheep all jump back into the chips again...

What do you make of all this?
Am I buying into this conspiracy stuff too much?

Just wondering...

-Clappy
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