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Strategies & Market Trends : The Amateur Traders Corner
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To: Tom Hua who wrote (17024)12/6/2001 10:00:15 PM
From: Kelvin Taylor  Read Replies (1) of 19633
 
Tom, if NAZ breaks above 2100, would that change your thinking?

NSM reported better than expected numbers and gave positive comments:
``From what we have so far I'd say we feel pretty good,'' National Semiconductor Chief Executive Brian Halla said on a conference call to discuss its second-quarter results, referring to his confidence in the company's sales forecast.

with a trailing PE of 128 the stock is quite expensive. However, the stock is nearing a 52 week high. technically a bullish signal.

The unemployment rate and nonfarm payrolls should be quite interesting tomorrow.
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