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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (28433)9/21/2001 10:21:25 PM
From: orkrious  Read Replies (1) of 30051
 
Normally, the semis are a major leader in Nasdaq moves. With valuations still "stretched" by historical measures (ALTR at 7x sales, INTC 5x sales, even MU at 2.5x sales for a commodity producer), do you see them leading? Or is there some other group? networkers maybe? In new bull moves, there are usually new leaders. Internet and network security maybe, such as VRSN and CHKP, or maybe biotechs?

thanks again

Jay
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