<< Since that string is unprecedented, the first move up will be strong, but most probably, not sustainable (you need to have a leadership develop that is above the 200 DMA for some time before the sector will get into its own uptrend).>>
The first move up will be WEAK but most probably sustainable. (since you're guessing, so will I). And frankly I would prefer much more developed leadership skills in a sentient being (so as to appropriately apply the word) such as W. then in some nonsensical concept applied to inanimate investment vehicles.
<<I may have a major bullish call on the sector if after a retrenchment from a rally here, the percentage of stocks in the sector above the 200 DMA does not decline by more than 50% from the value reached at the top of the next rally. Just IMTO, of course.>>
I may have a 'major' (whatever THAT could possibly mean) call on the sector as well but a) no one asked me (or you) thus, unlike you, I am not so arrogant so as to assume my opinion is so highly valued and b) the last 18 months have taught us in no uncertain terms that when analysts or self-proclaimed mavens on SI make strident proclamations we should all run like hell...hopefully escaping the contagion.
<<My best candidates (in the equip sector) are CCMP, CYMI, and KLAC.>>
My best candidates are (since no one asked me either) are Alfred E. Newamn, Harold Stassen, and Pat Paulsen |
