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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (3157)1/31/1998 6:30:00 PM
From: Bill Shepherd  Respond to of 42834
 
Re: charted semicaps (semiconductor capital equipment stocks) vs Intel back to Oct 1995.

Kirk: Great chart. I'm not into TA much either, but would agree that the chart seems to indicate some positive news. BB mentioned again in his show today (Saturday) that he is "long" in Intel, BUT emphasized that he is a TRADER. (Please, let's not start THAT discussion again !)

As a holder of UTEK and AMAT, I'm certainly looking forward to their rebound!

As I'm writing this post, BB is saying that "lots of semi capital equipment will be sold" in the future. "if you don't by the new equipment, somebody else will...you won't be cost competitive." " you won't see AMAT at 25 again!"

Sounds like a resounding endorsement for semi-capital equip stocks. (My interpretation)

Bill