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To: DanZ who wrote (14532)6/3/1998 10:02:00 PM
From: j g cordes  Read Replies (1) | Respond to of 53068
 
Nice post Dan, I've also been watching the semi's and feel they're the most oversold sector. That's been true for awhile but its been dangerous betting against further declines... which I can testify to.
The fundamentals underlying the technicals may be different this around because Asia melds so much of the semi world and doesn't yet see a flattening let alone a fattening of business.

I do think we will have tradable retracements that could be selectively strong and profitable.. especially if one pays attention to consolidations and mini trends within the sector.

Once again, good post.

Jim