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


To: t2 who wrote (81118)8/1/2001 6:07:28 PM
From: JustTradeEm  Read Replies (1) | Respond to of 99985
 
My fundamental reason for it was that the semiconductor sector would be a rebound primarily due to the launch of Windows XP (because this one means more hardware upgrades than Window ME) and I have noted that these guys will want to get ahead of it.

So, explain ML's downgrade of DELL one day prior or their specific exclusion of INTEL and AMD in their report < you still haven't admitted to actually reading it > ?

They are called "sell side analysts" for a reason ... mark them up and sell them !!!

Yesterday, the SOX index had failed to break resistance, overbought sector < near term > and about to plunge below 600 once again .... voila, ML upgrades to pop it over resistance.

They do have a TA department at ML .... quite the coincidence ! Will be interesting to see where the SOX is one month from today !

JB



To: t2 who wrote (81118)8/1/2001 8:47:55 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
NV,
Did I mention I enjoy reading your posts?
True, I trade and use TA exclusively. But there are many ways to make money in this market. Your FA views whether right or wrong are helping (me anyway) to fill in the space between the ticks on the chart. I'm always willing to learn and have a great deal of respect for how you present your arguments and how you deal with adversity. A valuable resource on this thread IMO. Keep on rockin! It is not a prerequisite to agree with all comments to find value!
Best,
Eichler