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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (45388)	4/7/2000 8:37:00 PM
From: pater tenebrarum	Respond to of 99985

Anindo, i had the same thought already...posted it on the clown thread earlier today...the consensus expectation of a retest will not be fulfilled. it's either off to new highs, or a break of those lows as you say. btw, what i have so far seen of earnings wasn't all that great...UIS, TLABS,MU, NCDI....i guess we are in for more of the same. i conclude that from the UIS statement that spending in their specific sector of tech simply collapsed post y2k. i may be wrong of course and the above are the exceptions to the rule. we'll know soon enough... btw, all that gushing about how great semiconductor demand is is pretty much at odds with the collapsing price of DRAMs... regards, hb