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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.21-1.1%Nov 6 4:00 PM EST

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To: Stcgg who wrote (56283)7/9/2000 8:09:17 PM
From: Jerry Olson   of 99985
 
Stcgg

thats a shame about not chasing earnings plays..esp. in the semis sector...

we have NOT seen the cycle highs yet, all cylinders are firing at breakneck speed..with no apparent let up in site...

look at INTC chart..it's explosive...all time new highs are just around the corner..

and as for the equipment makers, eveything is more than robust, with forward looking statements that will be very strong to say the least...

i looked at the SOX index, looks ok to me..in fact it looks very powerful right now, reversing a triple bottom sell signal and if we break thru 1180 and print 1200, we are going to 1300..fast..probably this month...

it's already completed a perfect H*S pattern on the daily candle chart, and should take out the 1200 area soon...

let's see what NVLS and MOT have to report this week...

semis rule...OJ

oh btw..i loved that downgrade by SSB..i could kiss them all...dropped all these nice stocks right into my lap...amazing luck...

KLIC/KLAC etc..buy em' you'll like em...
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