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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (17277)	6/7/2001 3:22:00 PM
From: TREND1	Read Replies (1) \| Respond to of 30051

Zeev Yesterday Nasdaq had red candle after four up white candles, meaning it paused yesterday. Now today Nasdaq has daily HIGHER HIGH and daily HIGHER LOW. This morning's pause only moved TRINQ down for one half hour. SUMMARY= Nasdaq shows strength ! Larry Dudash PS: Nasdaq UP Vol = 67% (very good)

To: Zeev Hed who wrote (17277)	6/7/2001 3:47:03 PM
From: Jdaasoc	Respond to of 30051

Zeev: that MU may go down later this month I just got email from Samsung today with DRAM pricing; it is at lowest price I have seen ever. There doesn't seem to be end to downturn in DRAM prices as of yet. I still see Intel's comments as flashpoint for any downturn that you assume to be happening soon. To qualify my point, it took about 1 day after AG lowered rates to get a positive bounce, I don't think we will need to wait that long for market's reaction to INtel news. We are either limit down before open or we will have more stability in prices from here. There will be several analysts with comments on Intel before market open telling us what to do. I heard Richard Bernstein from ML telling people on Blumberg this morning to take profits on rallies with tech and rotate into other areas. john