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

To: Johnny Canuck who wrote (28190)9/13/2000 12:17:40 PM
From: Johnny Canuck  Respond to of 68076
 
12:07 ET Atmel Corp (ATML) 16 3/8 -1/4 (-1.5%): Speaking at DB Alex Brown conference, chip maker's CEO said that he sees no slow down in global semiconductor demand and that cap-ex spending should outpace supply for at least the next two years.



To: Johnny Canuck who wrote (28190)9/13/2000 12:55:24 PM
From: Return to Sender  Read Replies (1) | Respond to of 68076
 
I think the EMS stocks are going to be toast for a while. End of cycle sell off is coming in my opinion for the Semiconductors in general. Get ready for some big bargains by January.

dailynews.yahoo.com

I do think we are close to a short term bottom on the market. Has anyone got a handle on the volume today yet? Have we seen enough volume on the Nasdaq that we don't have to break through 3800 again to attract buyers?

RTS


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