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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: fedhead who wrote (13599)8/22/2002 5:07:49 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
SOX is the key. It must rally or we are closer to the end of this rally.

Why? (serious question) I was in brcm and it rallied about 50% off his lows. Can't the other sectors put in a similar performance and have the sox fall back a little? Or does that break the TA.

I don't know chips too well- but mrvl is in the same space as brcm (apparently) and they blew out the numbers tonight, up 1.6 ah. Maybe they will take brcm with them tomorrow.
L



To: fedhead who wrote (13599)8/23/2002 11:55:15 AM
From: 16yearcycle  Read Replies (3) | Respond to of 57684
 
Exactly. Now remember: if you are Noah, it's not enough to know what is going to happen. You have to build an Ark.

I do think there will be a move up at month end, but a sell off until then is a high % deal, and so is a sell off from after Labor Day into 9-11.