SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (11293)9/21/2000 4:29:08 PM
From: smchan  Read Replies (1) | Respond to of 39683
 
INTC just warned... semi's stepping off a cliff...

SNDK $75
AMCC $181
INKT $124 1/2 (best ask)
(Yes, I know INKT is not a semi... but it's still feeling the pain.)

Sam



To: Dr. Stoxx who wrote (11293)9/21/2000 4:55:27 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
TC,

I just took a look at some cycle work I do on the DJIA. I've been doing this for years. I see a few cycles due to bottom together right around the first week of October.

Typically, when two or more of the various cycles bottom together, the Dow makes a nice CIT and takes much of the market higher with it. These are psychological cycles and have been studied for a very long time. Still, they get pooh-poohed by many.

IMO, what we're seeing lately is the market heading into yet another of these cyclic lows. We've been spoiled by having prior (recent) cycles end in whimpers and are barely noticed. This one appears to be a little harsher.

My advice is to just be patient until that time frame.

Ken