Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: iod_sherwood who wrote (73256)	3/25/2001 7:20:46 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

iod, as I have said on another thread, I expect a significant low to be set in the sector when INTC drops , finally the second shoes, and admits that they are going to cut capex by a $ billion or so. That will bring the sector down to possible buying levels. I am not sure if it is in the Sox 400 or closer to the recent double bottom at 515 or so. Interesting to note (and store away for the time being) that both AMD and NSM are showing "breakout" patterns, something to watch as n indication that we might be too pessimistic on th sector. Zeev