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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who started this subject7/27/2000 9:59:39 AM
From: donald sew  Read Replies (2) of 42787
 
Look at the SOX. The SOX is again down and down 3.5% while the NDX is only down .6%. I realise that it is early and things could change, but for now the SOX aint looking good.

Still we should see some sort of a bounce in the SOX, which should be sold. Too much technical damage.

A more general comment. The mania in the INTERNETS(DOT) may be over, and is this the beginning of the end of the SOX mania. If that is the case, the last main mania is the BIOTECHS. Yes I realise that there are still individual stocks and sub-sector manias, but Im concentrating on the main 3.
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