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Technology Stocks : Semi Equipment Analysis
SOXX 313.69+4.2%4:00 PM EST

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To: Gottfried who wrote (9896)5/27/2003 11:03:10 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 95663
 
>> % each has to increase to get a buy signal.

Gottfried, I'm sure several of these "losers" are really innocent. Their problem is not % increase, but absolute $ increase. For instance adct and sunw have significant % rise lately, yet they are totally disrespected by the bp system. Anyway, they'll get their day. And when that day comes, that will be the definite sell signal. Because by then even the doggiest dogs will have been bought, and really there will be no bargains left.

But I digress. I started this post to point out that nasdaq made a triple top today (at 1550), and passed its test, and we're set to rocket up to 1700, barring some political bad news.

However, today, I raised approx 10% cash, in case I'm wrong.

Sarmad
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