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Pastimes : The Big Tex House of Coin

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To: Jeff who wrote (16399)1/6/2001 3:33:17 PM
From: Jeff  Read Replies (1) of 19297
 
just to realize what a freak year 1999 and early 2000 was....look at the MACD on the SOX......semi's were never so strong before.......and they need to lead us back up...

and what are the odds with this type history......

bigcharts.com

and something else to watch.....the bio's......they overshot to the top.......

will they have to overshoot to the bottom to even out.....if they do......they still have a long fall ahead according to the MACD.....

bigcharts.com

bio's and semi's lead this craze......and the nasdaq needs both to be healthy.......

the SOX already had its overshoot to the downside......

but the BTK is just starting its correction.......

so as the SOX starts making its way back to normal.....which its about to do.......

the obvious play now will be semi stocks......because the bio's are just starting their overshoot down........

as this unfolds over the next few months......the semi's will stall when they reach their "mean" again........

and the bio's should have bottomed by then.....and then they will be " in play" till they reach their " mean" again......

so as the bio's rise...the semi's will be flat......

then when the market is sitting at its " mean" again.......

the bull can resume........

i figure this process will work through the market by next fall or so........

and then we can start from zero again......roll!!!!!!
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