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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (2175)3/2/2002 8:27:05 PM
From: Return to Sender  Respond to of 95936
 
I'm talking about short-term trading with tight stops using only a small portion of my trading account. Keep in mind that even though the advance on Friday was of tremendous size it did not come on extremely high volume.

Oracle's warning (Additional Accounting Fears etc.) will no doubt temper the strength of this rally's follow through. Day trading using short positions once the rally falters will help me generate more cash for my long positions once we reach the lower end of the trading range again. Looking at the charts we could easily see a strong market for most of next week. However look back at Don's weekly wrap up and you see it has been very difficult for semiconductors to remain strong three weeks in a row throughout the Bear Market.

RtS