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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: edamo who wrote (21977)12/5/2000 9:59:36 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
key day today for Naz, conflict raging

yet more chip downgrades and analyst reductions
VERSUS
psychological cloud slowly lifting

despite chip warnings, a few big names are going UP !!!
LSI had warning, up a fraction
XLNX had warning, down tiny fraction
RMBS and TQNT and LLTC are up nicely
Naz generally up nicely further accentuates this divergence
a bullish divergence

I believe the market is given too much credit to Dow
second straight big up day
if Fed cuts rates sometime soon, techs will benefit much more

some restraint might be at work here with Greenspan speaking
before conference of bankers
cutins expected

/ jim