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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: semi engineer who wrote (804)	11/26/1997 7:22:00 AM
From: MonsieurGonzo	Respond to of 1589

SemiEngr; RE:" The Bellwethers..." Thank you for your thoughtful reads - I appreciate that. CSCO and LU look like they are topping out, very short term. DELL's power is coming from the phenomenal growth multiples it has achieved, plus people's memories of its relentless doubling/tripling, etc. It has been the monster of NASDAQ for some time now. DELL is "go-go", in most people's minds. QNTM is the darling of the DD sector, but EMC and STK would have been better investments. I agree about semi-equip sector being all beat up. They all appear to be reeling in a dazed trading range now, the weaker ones drifting down. I'd suggest fibonacci retracements as a T/A tool here: run it over each stock in the semi-equip list and rank them by strength. I would love to see the results of that scan ! No, I'm not French - I'm from San Francisco. I live in Paris now. -Steve