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To: J_W who wrote (24968)7/17/1999 11:14:00 AM
From: Zeev Hed  Respond to of 93625
 
Jim, I think that for the near future the 480 should hold. I see shift of liquidity into the SOX from the I-net, and it will take some time for that shift to get to full throttle. Of course, coming late July, things might change, a signal to get out might be failure of 480 to holds, or failure of INTC to make a new high in the next two weeks. If INTC does make a new high, we may run into some unfair weather.

Zeev



To: J_W who wrote (24968)7/18/1999 3:03:00 AM
From: Alan Hume  Read Replies (1) | Respond to of 93625
 
Jim,

Reading yesterday that the funds are moving back into techs must bode well for the SOX. The key to the matter is, "is the semiconductor industry really turning around?" IMO resoundingly YES

Alan