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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (10083)12/3/1997 5:13:00 PM
From: Trader X  Read Replies (1) | Respond to of 17305
 
Andrew, all--looking for clues to the end of this TECH correction.

techstocks.com

I started out wanting to find a few tech stocks that would show the typical TECH correction pattern over the course the last 6-7 years, so I started out with Andrew's latest fund list....culled that down to AMAT and KLIC. Therein the chart.

As it turns out, these two seems to show that there may be more to down side for the Techs. And, even if we are near the bottom, there should be another 3-4 months of grovelling near these levels before the next uptrend begins.

In short, although prices are pretty low, there could be some rough riding untill the next upsurge. Anyone interested in some nice retail stocks?

-Kevin