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

To: StockOperator who wrote (4899)	4/3/2001 11:27:29 PM
From: JRI	Read Replies (1) \| Respond to of 52237

Do you think the semis/equipment represent best bang for short buck here? tia

To: StockOperator who wrote (4899)	4/4/2001 1:16:20 PM
From: Paul Shread	Respond to of 52237

SO, The only problem with the SMTC and MU charts is there's not enough room left for those massive H&S patterns to fulfill their downside targets, but they look like they could easily drop another 10 points. ALTR looks like it might be at support on the monthly chart. Reminds me of a line from E&M: "Monthly chart study pays." There were so many H&S patterns last fall in sectors like telecom equipment, storage and B2B. In retrospect (I should have realized this at the time), October was a pretty major top for the high-flyers. I agree; those H&S patterns were right on the mark. Each and every one of them. Keep up the great work. Best, Paul