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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: el paradisio who wrote (69180)2/14/2001 3:53:37 PM
From: Doug  Read Replies (1) | Respond to of 99985
 
EL: Why is the SOX so bullish.

This morning showed that Telecom service stocks are facing a credit squeeze. They should in due course pass that on the Networker who in turn will pass it on to the communication semis & PLD's.

If the logic is correct why is it that the Communication semis who are at the bottom of the chain are seing a lift off.

I sense some divergence here.