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


To: auriculatus who wrote (28830)2/23/2006 9:09:01 PM
From: BWAC  Respond to of 95640
 
<Why do you think this sector is so hard to figure out? >

Agressive Algo that only cares about the programmed objective. And managing share flow to achieve the objective. All of which is an added and increasingly dominant element to the markIt the last few years.

<The Fed is at it again, and despite the praise for Greenie, he killed the economy in 2000, and they are trying their hardest to repeat that.>

Seems that way.



To: auriculatus who wrote (28830)2/23/2006 10:10:11 PM
From: Return to Sender  Respond to of 95640
 
Don't you think using the SOX/SMH as a proxy on the sector would work even better than just looking at the individual stocks? The SMH/SOX with an RSI(14) at 30 plus a put to call ratio over 1.0 on its 5 day and 10 day sma's means you have a great chance of catching the entire sector at a short term bottom.

Try the same thing for the other sector index/ETF of the stocks which you are trading.

I think all sectors are hard to figure. That's why I have been mostly in cash for years. I'm waiting for the big sell off which may not come. In the meantime I make a few short term trades and I have not stuck with them long enough for really good gains.

When we get to the next cyclical bottom I will buy and hold. I might be looking for some advice on options then too.

Anyway, you have a good system going. You know it would have worked better in a different stock than NVLS. Of course you are buying other stocks too so hopefully that will help. Hopefully your broker will get it together and not screw up anymore.

RtS