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Politics : Idea Of The Day
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To: Jerry Olson who wrote (13909)11/10/1997 4:24:00 PM
From: Judy  Read Replies (1) of 50167
 
Jer, I was not kidding that the short-term trend is down. Did you not take me to heart?

My view is that semi equipmakers are to be shorted on retrace up. And even if AMAT came out with good news, the sector cannot recover immediately and will be range bound. The fall was so fast and brutal that on any good rebound, sellers will unload. Lots of retail overhead supply.

Look at the darling drillers, look at them not able to hold their gains. If even you the permabull is not buying at these levels, sure
as heck no one else will other than for flipping the flux. And FLUX DOES NOT HOLD ... that is why it is called flux.
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