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Strategies & Market Trends : Day Trade Activities

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To: RetiredBen who wrote (20)	3/2/2005 8:58:44 AM
From: RetiredBen	of 21

AMD maybe contributed some of the down turn in the future market. The bad news could be the trigger for some profit taking (or sell off) in AH for the Semi. Plus, a few other leading industries such as Steel, Home Builder, Oil, and Energy have been showing toppy formations in the last two days. Check IYE, KBH, XOI, and IYM. This could be a start of something. Or, this could be a short term sell off just like last Tue. One day big down to PO the Bulls, and next 3 days up to PO the Bears. Then, the next 2 days were offset to each other to confuse both Bear and Bull.

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