Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (22400)	7/30/1999 12:45:00 PM
From: mattie	Respond to of 69990

Iris, what do yo think of WIND? It has been in an amazing tight range through the volatility - does that mean bottom?

To: Iris Shih who wrote (22400)	7/30/1999 3:43:00 PM
From: Johnny Canuck	Respond to of 69990

Iris, Hey, what is this. I go away and the market crashes, everyone was supposed to wait for me. <g> Actually, the market pull back looks very orderly. Stocks like MERQ and JNPR making new highs and stocks like XLNX reacting positively to good news. Most of the high techs blue chips are weak, but the small to mid-caps look OK. So rotation looks to be in effect. I don't like the fact that the SP500 broke support today intraday and it still looks pretty weak going into the close. On the SEMI-EQUIP stocks, the fact that INTC is making a new high despite the weak foward guidance is a good sign. LRCX reporting good results help the SEMI-EQUIP case. I will wait for the market to bottom before doing anything. We need every sector to participate to make a new high in the indices. Harry