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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11583)2/13/2001 10:31:52 AM
From: Trader X  Read Replies (1) of 12039
 
My exit target on KLAC is $45.

200 dma comes into play there, although the intraday should exceed that target. I've found the KLAC to be very dependable technically.

So why the mystified look? The context of the discussion was regarding high p/e in the NDX. That's not a technical matter, is it?
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