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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (19034)7/27/1998 7:15:00 AM
From: JPh  Read Replies (1) | Respond to of 50167
 
It seems as though the Semi equipment sector is not responding to ASEA crisis any more, so it seems. I've noticed some strength lately.

There are a lot of bearish opinions out, saying that we might see a weak rally this week, followed by strong bearish correction. We are entering correction phase, they say. And it is suggested to sell the rallies from here.

I notice that MSFT and INTC, along with AOL, are leading techs down. The carnage last week mark a strong turn. Even DELL is suggested by one good trader as a sell.

Do you see a bear market ahead ? or is it just a mere correction, and we head higher from here.

Thanks. I value your opinion.