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 : Steve's Channelling Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hayduke who wrote (15207)4/30/2001 6:44:23 PM
From: Zeev Hed  Read Replies (6) of 30051
 
Particularly to chip makers and chip equipment makers. Rashomon earlier comments are to the point, IMHO, but also the evaporation of fear from the market. The equity P/C ratio dropped to .41, while the Indices P/C ratio is 1.125, and th P/C ratio on the Dow is at a horrendous 2.56. Furthermore, the VXN has dropped out of bed. Many signs that the "professionals" are setting a trap to J6P. If the Naz breaks 2000, it will be a break in a head and shoulder formation which short term could be quite negative. I expect that break before the week is out.

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