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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (16571)6/15/1998 3:06:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 69126
 
And they pay these guys to make gutsy calls like this. Is there anyone out there that thought things were great in Semi land? Thanks for the post, at least they finally admit it. In six months they'll come to the conclusion that semi equips and Disk drive makers might be bad too. <VBG>

So far I only see services as safe and only if they stay domestic. Am I missing any other techs that might be OK? Software could be if they are young but most have large sales exposure in Asia too IMO. Many think box makers can weather this but if the $299 PC does show up, it will only be a matter of time till the ASPs come crashing down on PC also.

Since this is a TA thread and my last few posts had little to do on it, I show DOW stochastic still has room for a fall to 8500. Anyone else see this?