Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (7139)	2/4/1999 11:52:00 AM
From: SJS	Respond to of 14427

Mike, judging by Fidelity's Select Electronics which was up 20.66% for January, it could take a breather, but MSDW just upgraded the chip equipment guys today (PRIA one of my oldtime flames!!) and I think they're are go to rotate through this sectors sub-elements, possibly keeping it stronger than the general market. Sure it will pullback, but I expect people are more worried right now about the fed perspective and a change of stance that might be coming (reading the meeting tea-leaves from December), more than earnings. If we get a tightening or even a threat of such, a reasonably sized tsunami will come through the market....

To: The Ox who wrote (7139)	2/4/1999 12:48:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Mike, If VTSS pulls back to $46-47 area by tomorrow and the Nasdaq and semi's are all down, would you step up for a long trade? Say it another way, do you see a continuation of the tech/semi rally into next week? I know this is a tough question. I have noticed that the DD's have all sold off 20-30% from their high's despite their insistence that 1st Q desktop sales remains robust. QNTM is breaking below support at the moment. So is this a buying opp or a bull trap? I don't have an answer.