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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockOperator who wrote (33846)	4/7/2002 4:08:53 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 52237

SO they sure do...BPSEMI reversed down late last week...i sold them all on Weds before my NYC trip, and what with Barrons Bashing they should be good shorts in the latter part of the week..then we can pick them up ahead of the big week of the 15th..i was scalping them on Friday and they did finish weak... i think they will all beat eps QoverQ, and guide higher for the rest of this year..semis either lead or are the last too fall... we'll trade em' either way SO...

To: StockOperator who wrote (33846)	4/9/2002 4:31:05 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

You have to love the way the market works its magic. Yesterday the strength was in the Compx with over a 15 pt rise in the avg, while at the same time they pull the DOW all the way back from the brink and only close it down 22. Today, one day later, we start out the morning the exact opposite with the all the strength in the DOW while the Compx quickly gave up all of yesterdays gains early this morning. That weakness in the Compx was our first clue that the rally in the avgs yesterday was more for appearances than anything else. There is going to be wiggles along the way but this quarter should offer us a more significant breakdown in prices across the board. Even stocks like KO is close to shorting here. Look at the trading in HWP today. Up .29 - What an ugly day of distribution. WCOM which I hated weeks ago just before that March rally carried it up to $9 - 5.4 today. ORCL just took out the lows of the last six months. Bios continue to bleed. If you're a bull not to much to get excited about. Based on the trading of the last couple of days I don't believe we've seen the lows of the week. Good luck trading. SO