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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (44132)	11/9/2001 1:12:18 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

* 13:08 ET Large Cap Tech : -- Technical -- Hard to miss the exceptional performance for the Nasdaq over the last month (+36%) or so but two large cap tech stocks have easily outperformed the index. During this span INTC has rallied 49% while CSCO has surged 80%. Both issues are technically overbought in the wake of this advance while they have hovered near their 200 day simple ma (28.4 for INTC, 19.6 for CSCO) over the last few days. While some follow through is possible short term, this combination suggests watching for signs of a correction developing.