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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: wizzards wine who wrote (3174)5/26/1998 9:24:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Thanks for the info Preston. Looks like it's time to bookmark the
Big Kahuna thread! I'm putting the Semi's on my long range radar.
If we have a big correction, we need to be ready with some prospects
when the market comes back. The 8 semi's in the S&P500 are AMAT,
AMD, INTC, KLAC, LSI, MU, NSM & TXN. You might want to make a
DWA portfolio for these. The FA is so so - 6 VL 3's, a 2 & a 5.
The TA is really getting washed out. 6 of 8 are on an RS sell, all 8
are in a column of O's on the RS chart. 7 of 8 have no bull support
line, all 8 are on a P&F sell and all 8 have negative weekly momentum.
I'll update the charts weekly for now and start updating them daily
when the sector and the NYSEPB turn back up.

These are exciting times. BTW, what's going on with IQC? No satellite
back-up? Hear any news?

Later, and thanks again

Duke