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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (128)5/23/2000 4:34:00 AM
From: SirRealist  Read Replies (1) | Respond to of 24256
 
Interesting chart patterns on those semis, 2Mar. If you calculate where they were one year ago, where they peaked, then find the median between the two, all four (AMAT, NVLS, LRCX and TER) seem to be finding support there. Talk about market psychology!

If the market doesn't tumble to some ungodly level now, where that SEMI support could breakdown, I'll use that median for my buy points.

So TER is too high, shoulda bought NVLS & AMAT at Monday's low, but LRCX is a perfect BUY now. Thanks!