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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4082)8/4/2000 12:08:05 PM
From: Logain Ablar  Read Replies (3) | Respond to of 30051
 
Zeev:

On SOXX it all depends on how pessimistic the market becomes. Internets & semi's are on life support. What is holding up the biotechs? I still think the downtrend is in place for the NAZ. Not saying buyers won't step up to the plate and change the trend. I still see the possibility of the NAZ going back down. CSCO & AMAT will be key next week. Not so much what they report and give for guidance but how the market reacts to the news.

clearstation.com

I am comfortable sitting in a lot of cash and wondering whether I should play a bounce or invest more in the natural gas stocks.

Tim