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Strategies & Market Trends : Trader J's Inner Circle
NVDA 184.83+0.8%Jan 22 3:59 PM EST

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To: Canuck Dave who wrote (41652)3/24/2001 8:25:48 PM
From: LTK007  Read Replies (2) of 56537
 
couple possible factors Dave---window dressing is now in effect,something to keep in mind for all of next week as funds come to the end of their 1st Quarter--indication by those you mention they don't want CSCO and NT to be in their portofolio and do want MU and IBM.
Because of window dressing funds will be up to all sorts of tricks this week also means they may continue pump up semis--all my researching this weekend pointing to semis being a future shorters paradise.
Fleck says anyone who thinks Thursday was THE BOTTOM is in for a shock as bottoms never occur with one sector being up a insane 12% that day--the SOXX.
He concurs with my own independent thought,that THE bottom will not occur until semis are decimated.
he noted CSFB was bombing the semi sector with "at any price" buying and noted how wildly speculative funds can be with OTHER PEOPLES money and are trying to revive NASD via running the semis.
i am looking at semis short-side and BioTechs long side,but the timing of my moves are UNDECIDED as of now.
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