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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (4059)9/15/1998 11:54:00 AM
From: Tom Trader  Respond to of 44573
 
Thanks for the feed-back from your friend re the semis

Don't know whether you have seen OJ's thoughts re this -- he has been pretty good calling the direction of the semis as you know. Now the two views are not incompatible -- your friend is looking at the first/ second quarter of next year for a bottoming--and given that the market discounts events, perhaps the end of this year may see a bottom.

Re the market we may end up getting a see-saw type day with not a lot of change by the end of the day--we shall see.