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To: Cynic 2005 who wrote (14846)2/5/1999 11:22:00 AM
From: Jerry Olson  Respond to of 44573
 
Hello MMV

on Dorsey P&F the Semi Sector has given a sell signal..Bear Alert status, and should turn into Bear Confirmed...soon...

it was way ahead of itself at 75%..now at 66%, and going lower..the SOX index has moved down hard as well...



To: Cynic 2005 who wrote (14846)2/5/1999 11:42:00 AM
From: uclatrader  Respond to of 44573
 
i love your prediction
i m ready
holding nsol yhoo shorts
shuo



To: Cynic 2005 who wrote (14846)2/8/1999 4:14:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Hi Mohan -- my apologies for not responding earlier

I am curious as to how much of a time lag there was between your bad breadth alert to the the point when the sell off began in earnest --- both in 97 and 98.

Like I have posted to several people, I have been liquidating trading positions on strength because I do believe that a correction of sorts is in the works -- just a matter of timing.

In the meantime, I think that another rally can be expected -- and that should tell the tale in terms of where we go thereafter. Unless the rally is strong with decent breast and momentum, it might even be time to establish some shorts.

Let me know what you think