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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lee Lichterman III who wrote (50002)1/17/2001 4:29:02 PM
From: Mark Adams  Read Replies (1) of 94695
 
Great post. I'm on the edge of capitulation to the bulls and need more food for thought to shore up the bearish point of view.

re the grub, I hadn't noticed until you pointed it out.

I was going to post earlier, that SOX/Tech seemed strong on the belief that the expansion INTC's capital spending plans bode well for Semi-Equips. Then, I asked myself, how much of the Semi-Equips sales INTC represents, and sold the last two smidges I had in the sector.

Overall, from my rather limited view of the market, it appeared we had a good solid start and weakened as the afternoon wore on. As opposed to the recent patern of starting weak and ending strong
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