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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: FrozenZ who wrote (3629)5/15/2001 9:28:56 PM
From: tradermike_1999  Read Replies (1) of 74559
 
No not based on AMAT. Was looking for two stocks in the semi group that have lousy fundamentals and awful chart action. They have been underperforming the Naz. Rallies past few weeks on weak volume. Trading right on support. And obv was flat or making lows.

Tomorrow will be a key day. It is possible that Naz will just stay afloat during the summer. For that to happen it must bounce before the week is over. Else it is toast.
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