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


To: Doug who wrote (74375)4/6/2001 4:25:48 PM
From: Math Junkie  Read Replies (1) | Respond to of 99985
 
OK, so the Soxx has gone up more in the past five years than the Nasdaq. That chart starts in April of 1996, when the Sox was in a cyclical downturn. Looking at a four-year chart, the outperformance of ALTR is much less clear.

bigcharts.com

So which chart gives us the correct view, the four-year or the five-year? Until you know the earnings growth of each index, there's no way to tell.



To: Doug who wrote (74375)4/6/2001 4:27:01 PM
From: Les H  Read Replies (3) | Respond to of 99985
 
They're propping AMAT

finance.yahoo.com

NVLS and KLAC don't enjoy the same premium nor do the chipmakers.

Looks like we could rally Monday morning to retest yesterday's highs and/or the top of the channel. 15- and 30-minute appear supportive of another rally and 60-minute MACD hasn't confirmed new downtrend yet.

207.61.23.99