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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (39406)3/9/2002 1:03:41 PM
From: Dale Baker  Read Replies (1) of 99280
 
Valuation in the semi sector have been nuts for a while but the funds and the traders know they can jam the SOX/SMH when the fever is running high on the bullish side.

I learned last November not to fight that tape. OTOH, they will be fairly easy shorts in any pullback.

Did you see anyone anywhere who predicted the Naz would break the down channel trend since January?
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