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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (45952)4/27/2001 1:18:04 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
AD, Jacob,

I think it's time for a little more caution on the short side.

The 50 day MA for the Semi Equipment basket that's in the S&P 500 has turned up. The gap between it and the 200 day MA is closing.

This strikes me as a rather bullish indicator. But then I don't put much faith in TA. ;^)

Ian.



To: advocatedevil who wrote (45952)4/27/2001 7:38:37 PM
From: Cary Salsberg  Respond to of 70976
 
I agree with your direction in the next month or two, but from here and now plus and minus 5-10% seems like a crapshoot.


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