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


To: Paul Shread who wrote (6033)4/19/2001 4:27:27 PM
From: taylorfife  Respond to of 52237
 
Yes. NT and PMCS getting hurt some in AH. Maybe Softie will lead us through the parted sea till the waves come crashing down. Just as long as I am standing on the shore. <g>



To: Paul Shread who wrote (6033)4/19/2001 4:37:22 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 52237
 
SOX took out its March highs, and looks set to make a run at its January highs. The upmove off the recent lows is 50% now, exactly matching the % January upmove. Amazing volatility. Every semi looked really strong today. Well, maybe MU looks like stalling at previous resistance at 48, but everything else must be getting suddenly noticed by momentum traders (any of them left?), as all these stocks move above their trading ranges, and above moving averages. Valuations are getting back to Irrationally Exuberant levels. JNPR, for instance. Given current sentiment, JNPR could warn tonight, and still gap up tomorrow. If CSCO can rally after writing off 2.5B in inventory, there is no fear out there. Everyone has suddenly forgotten that we are in a bear market. They will be reminded at some point.