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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Mr. BSL who wrote (8935)8/7/2000 5:48:08 AM
From: Ditchdigger  Read Replies (2) of 9427
 
Morning Dick, et al,,,Do we not discuss stocks here anymore? Vegas,golf financial news rags.......Let's talk Semi's,,,anyone seeing an oversold bottom here? ATML?--RSI down at less than 30,,moneyflow turning up, pulled back up inside the 20 day bands,,P&F not looking to hot,,but an early bottomfishing play? Semi's appear to have held the spread double bottom at 882...am I grasping at straws?<g>..bought ATML @ 25 3/4's....opinions?..I believe there has been an analyst conspiracy in the Semi's,,trying to load the dice beginning with NOK and then Mot..According to last weeks semi sales report,,things are still humming at a fever pitch,these analysts would like to have us believe that wireless(which IMO, is still at a fever pitch) is the only industry using chips,flash memory,,imbedded card chips,,etc..Guess I shouldn't complain,,IMO they have done a fine job of creating some investment opportunity in the semi sector by "fluffing" the data reported by the handset companies.Did China wire the country and lay phone lines one night while I was sleeping? Did broadband get narrow?<rofl!!>....:^)DD
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