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Technology Stocks : Vishay Intertechnology
VSH 15.34-4.8%3:59 PM EST

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To: Naveen Kumar who wrote (170)9/17/1998 4:23:00 PM
From: Jim Goodman  Read Replies (1) of 384
 
thanks, but probably something in between....I added several EVB Techs. to my watch to buy list recently, and many are already up from lows....but not-long-enough bases, and not-high-enough volume yet, in many, to warrant more than a S.T. bounce....I gave out a bunch of depressed Techs, Healths, Energies, Metals, Finls., among others, right near their recent lows in my NL....but some bounces, may not hold, as you correctly surmised....we shall see, but "PSYCLE sm" buyers never "chase up" after the bounce, regardless....and we also do no "overnite trading", so maybe view the Golds and Oil Svc. stocks for models recently ? A real toughie, not as clear as I'd like to see....most Techs like VSH have overhead resistance where they broke down from, anyway, right ? decent companies, but unclear whether most are EVB's here, or pot. double-bottoms ahead....wish I could be more definitive, but there is a message here I hope you glean....Hope this helps, best wishes,
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