MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: uu who wrote (205)	12/3/1998 7:07:00 PM
From: donald sew	Read Replies (1) of 99985

Addi, The manor in which the SEMI's popped today reminded me of manic buying, but nowhere as drastic as the internuts. I an not a fundamentalist at all and know very little about the semi's but from purely a technical point of view, it appears that the semi's are going parobolic. These parobolic movements are often SELL SIGNALs at least for the mid-term(30 days). It may be prudent to be cautious, especially since the overall market is starting to show some weakness. Congrats on your successes with them. Seeya

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