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Strategies & Market Trends : Point and Figure Charting

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To: Paul V. who wrote (6091)8/20/1998 4:07:00 PM
From: Mr. BSL  Read Replies (1) of 34811
 
Paul, the semi's are exciting. IMO - AMAT, NVLS & KLAC will survive and thrive though it may take a few or quite a few more quarters. I'm not as confident about any other specific equipment related semi's although, of course, many of them will. INTC and TXN will survive as a semi manufacturers and many others won't.

We are talking about an industry that will have some washouts, a market that is Bear Confirmed and a sector that seems to get good traction only after it goes Bull Confirmed.

Good luck with trades. As Jan says, use hard stops and make sure you move them up once you are in the black.

duke60
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