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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (30565)	12/7/1997 6:13:00 PM
From: donald sew	Read Replies (1) of 58727

Tom, I really do not follow stocks, so from a fundamental standpoint I really do not know which of the SOX components is a better play. I do watch TXN INTC MOT AMAT on only a technical basis. Of the 4 INTC's charts and technicals are, overall, slightly better than the other 3. As for long-term, my analysis is really only good for 30 days, with maximum of 60 days. I am a firm believer that TA has limits and one of them is time. From a mathematical viewpoint, the longer the time-period, the greater the varibles, the greater inaccuracy. I am not a believer in long-term TA nor the usage of TA when new highs are reached. Seeya

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