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

To: robwin who wrote (3296)	3/17/2001 11:19:59 PM
From: JRI	Respond to of 52237

Robwin- I think it is a total headfake..there is absolutely no one of note who thinks the fundamentals are going to turn around anytime soon...and since it's clear now that the new economy is really not new, and semi's follow the same old cycles in the past, semis stock prices will likely not turn up until one quarter AFTER earnings turn (historical trend).. Also, the y-o-y's for this year are terrible...Easier comps starting spring 2002...

To: robwin who wrote (3296)	3/18/2001 10:12:49 AM
From: donald sew	Read Replies (2) \| Respond to of 52237

Robwin, >>>>> here is a link to a SOX analysis i posted on CFZ thread...comment are welcome...seems to ignore the head and shoulders pattern that is becoming evident... stockhouse.com <<<<< The TARGET MEASUREMENT of the HEAD & SHOULDERs on the SOX puts it around 250 - UGH!!! I would not ignore that possibiity, but Im not one who really uses H&S patterns since I have seen many which have failed or not get close to the target measurement. Im not saying that it wont work, and I would definitely NOT ignore it, as it appears to be the case in that analysis you mentioned. What is interesting is that as the market goes lower, there are more and more hints for the NAZ/NDX to return all the way back to the very beginning of rally that started off of the OCT 1998 bottom(1063 on the NDX). Im not saying that it is for sure, just mentioning it since the H&S on the SOX is basicly pointing to around the OCT 1998 lows.