Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (35616)	12/21/2001 1:37:57 PM
From: Johnny Canuck	Respond to of 69189

I know the official re-balance is on Monday, but I can't see anyone sticking around on Christmas Eve to trade. Do you follow CCMP? I am looking at it on the short side. They sell the slurry for marking semiconductors. It looks at little pricy at the current levels fundamentally. It looks lke it ready to break technically. Same deal with EMLX thouhg it looks stronger, I can't figure out what is keeping it up. Interesting point to note, the COMPX completed a OBV break out yesterday despite the sell off on the daily chart and the sell signal. siliconinvestor.com

To: Suresh who wrote (35616)	12/21/2001 1:45:06 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69189

Interesting numbers from the JNPR pre-warning CC. The telecom industry generates 3/4 trillion dollars (not a typo) in revenue each year. The cap ex spending last year was 250 billion dollars. Add the 28 percent decline they expect next year and you see the amount of money that has essentially been taken out of the economy.