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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Logain Ablar who wrote (40994)	4/9/2004 12:15:33 AM
From: Johnny Canuck	Read Replies (2) of 70681

Despite the strong down trend in INTC 139.142.147.218 Semi-equipment bell weathers like AMAT, NVLS and LRCX are essentially stuck trading in side ways trends. It looks like traders are not sure either way. Do expectations for the demand for other consumer products outweigh the down trend in PC as indicated by INTC. AMAT 139.142.147.218 NVLS 139.142.147.218 LRCX: 139.142.147.218 On the other had chart like AMD indicate all is not bad with all PC's. AMD 139.142.147.218 We are not out of the woods yet. AMD needs to hit a new high to make traders a believer that the weakness in PC's will not continue.

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