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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (72151)5/28/2002 3:55:37 PM
From: Israel  Respond to of 99280
 
OK...I am just long and hoping for the best.<g>

.. you and ever bull out there,lol.. Market built on hope <gg>

all kidding aside, you have a point, markets could 'use' NVLS as an excuse to mark em up for the next few days, but IMO, like every other rally we've had, it'll be sold IMO.. Semi-Equipment stocks are trading at historically high levels by just about any metric you use.. They've been holding em up waiting for the recovery to take hold..

take a look at this chart and you'll see what i mean.. course the chart is for KLAC, but its relevant the entire sector..

suite101.com

Israel