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


To: Return to Sender who wrote (7962)1/6/2003 2:39:54 PM
From: Gottfried  Read Replies (1) | Respond to of 95456
 
RtS, StockCharts.com subscribers should look at John Murphy's comments with charts. Example...

>JANUARY OFF TO A GOOD START -- DAILY MACD LINES TURN POSITIVE... All the major stock indexes are trading back over their 50-day lines, which is a positive sign. What's more, strong closes today would push their daily MACD lines into positive alignment for the first time in a month. A key ingredient in this week's rally attempt is volume. The market needs more volume to go along with the impressive price gains. The ability of the market to start the new year on a strong note may be a good omen for the year. The direction of the market for the first week of the new year carries some forecasting ability. The direction for the entire month of January, however, is a more important barometer for the rest of the year.<

stockcharts.com

I've always liked Murphy for his clarity of expression.

Gottfried