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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (17024)	12/6/2001 10:00:15 PM
From: Kelvin Taylor	Read Replies (1) \| Respond to of 19633

Tom, if NAZ breaks above 2100, would that change your thinking? NSM reported better than expected numbers and gave positive comments: ``From what we have so far I'd say we feel pretty good,'' National Semiconductor Chief Executive Brian Halla said on a conference call to discuss its second-quarter results, referring to his confidence in the company's sales forecast. with a trailing PE of 128 the stock is quite expensive. However, the stock is nearing a 52 week high. technically a bullish signal. The unemployment rate and nonfarm payrolls should be quite interesting tomorrow.

To: Tom Hua who wrote (17024)	12/6/2001 10:10:41 PM
From: Paul A	Read Replies (2) \| Respond to of 19633

Tom- wanna know what really has me confused? This whole rally is based on looking ahead.. past the next quarter or two- even some companies are saying late 2002-2003.. and investors are supposedly happy about that! Fine.. but now Intel and AMD come out and really all they did was see their business stabilize for chrissake, lets be real.. and everyones ready to embrace that? IM not bullish on Intel at all.. nor AMD anymore.. nor NVDA.. and especially not the flash makers (since I believe I was wrong about that!)... and companies like FDP are completely oblivious to this market move which is a red flag..