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: Zeev Hed who wrote (16367)5/22/2001 9:42:16 PM
From: Logain Ablar  Read Replies (1) of 30051
 
Part of todays problem is everyone remembers 98 and what happened from October to Jan in the semis and they are trying to anticipate a similar move. Remember last month when Joseph of SSB upgraded and the reasoning was it couldn't get any worse.

Not to jump in the doom and gloom camp - have you looked @ SSTI's chart lately. Looks good on PnF. Also another I follow LTXX, a tester, also has been strong since January, yes its held up well thru FEB/March relative to naz, just came thru with earnings of 6 cents and b2b of .55. Unfortunately (maybe fortunately) I missed the cc.

TA wise many of these charts say we bottomed but maybe the retest starts tomorrow and we get the double bottoms by August. I don't think the b2b will be the catalyst for the retest. Just guessing, who really knows. Hays as of yesterday feels the liquidity leg is strong and sentiment is still ok for this bull leg to continue. Valuation is getting excessive but can still become more excessive.

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