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

To: Zeev Hed who wrote (8256)	11/28/2000 1:59:09 PM
From: Jdaasoc	Read Replies (2) \| Respond to of 30051

Zeev: S&P up 2 NDX only off 50 We bounce off 2700 NDX and 1335 S&P repeatably unable to go much higher. Still optimistic that support at these levels will hold in next 2-3 weeks. I am getting close to bullish on DRAM stocks. Spot market prices are starting to pick up. It will not be long before reverse situation of shortage will come ot pass. Latest INTC guidance from Kumar was encouraging. I think that the bottom in semis may be near. Dan Niles trashed XNLX and it is up 2 today. We may have gotten too bearish and small rally is developing. john