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


To: Karim Shariff who wrote (24201)10/31/1999 10:59:00 PM
From: Clint E.  Read Replies (1) | Respond to of 69962
 
Hi Karim. As you already know the Semis went thru ~20% correction mainly due to the recent earthquake in Taiwan & supply uncertainties. They were oversold. They've staged an impressive comeback since last Wed:


quote.yahoo.com




quote.yahoo.com


I don't expect to see a solid breakout in the SOX in the next two weeks. Instead, I expect a move within 535-590, ahead of AMAT's report.

FYI:
matec.org

Clint