SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockOperator who wrote (5338)4/9/2001 1:25:31 AM
From: Lee Lichterman III  Read Replies (1) of 52237
 
I actually am seeing signs that many of the techs at least are trying to put in bottoms. My only concern now is the remaining high flyers that although down some, are no where near reality levels. The semis like MU, AMAT etc are still way too high. Others like MSFT and QCOM are also still high compared with the other techs that have already had their turn. Of course the problem is that since the tech indexes are cap weighted, if those last few high flyers collapse, they will pull the indexes down hard.

I am not saying that SUNW, CSCO etc can't go to single digits and I think many of them deserve to be, what I am saying though is many are showing signs of a possible low being either put in or darn close. It will be those last few remaining ones that dictate the indexes.

AllensAlias - Nice chart. I will have to study it harder though as it is a lot to take in. I am trying to do a long term COT one myself but it is tough to crunch everything so far.

Good Luck,

Lee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News