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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (39685)12/31/2000 2:40:03 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 42787
 
Donald; We are on the same page as to the rebound..
in fact considering the size of the wave it could
be a larger one than history shows.
I'm just not sure about how I want to play it.
Jim



To: donald sew who wrote (39685)1/1/2001 12:26:44 AM
From: gfs_1999  Respond to of 42787
 
Semicondutor SOX chart could reach 300 or lower
if you draw semi log from 1994.

But if we look at past % decline at SOX we have

1 peak to bottom: 305 points to 137 55% decline
2 peak to botton: 408 to 187 54% decline
3 peak to today : 1365 to 516 62% decline

Or we are near a bottom or Semicondutor sector and Nasdaq
are in a major and big Bear Market that could last years
also Semicondutor could be changing its uptrend line.

IMO Intel chart is better than SOX, Intel is very close (just 2 points) to break uptrendline from 1990 (semi log)

Also look at Intel performance in 93-94 and 97-98
2 year doing nothing Intel PE now is 19 but its low PE is
14.

SOX Bottom to botton period is about 2 years so we are near a new bottom also rebound to new high is about 12 months. Can you imagine Nasdaq and SOX in 12 months + 150% ??? It will depend about how world economy is now,
Latin America is okey, Russia is showing + signal, Europe
also, Japan is so so to negative , China is a mystery, Asia also a mystery for me. USA with Bush ?????

Regards
GFS



To: donald sew who wrote (39685)1/2/2001 7:56:31 AM
From: Diana  Read Replies (1) | Respond to of 42787
 
Don, The Sox hasn't descended below the NAZ this time. Do you expect it to do so? TIA.