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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2875)11/3/2001 11:10:41 AM
From: mishedlo  Read Replies (1) | Respond to of 99280
 
Zeev - do not think I have seen this divergence for a while, nor do I know wht it might mean.
I see RMBS as oversold and MU as overbought.
MU stochastics abovr 80, RMBS below 20.

I would guess MU is peaking, but if the entire market heads south, RMBS should head with it.

Would you like MU as a short here?
I shorted MU on Fri and got out flat.

M



To: Zeev Hed who wrote (2875)11/3/2001 11:22:43 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
NVLS to 37.75 is pain I can take. I would likely be out of AMAT and KLAC before then. I have too big a position and that would be too much pain. It may not be perfect trading, but what can I do <G>? I may get out soon anyway. I just have to see how it goes.



To: Zeev Hed who wrote (2875)11/3/2001 3:18:21 PM
From: waverider  Read Replies (1) | Respond to of 99280
 
Zeev, trying to follow your perspective here. So with KLAC you think we will break through the 200 day and end up just below the lows of 8/9 and 8/29. What technical argument do you see that justifies that conclusion?

That would seem to be a very bullish view on the semis. But then again, we could be topping out there.

wr