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To: drsvelte who wrote (7347)2/11/1999 3:05:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Doc, as you probably realized, today's rally is extremely narrow. Basically it excludes everything that is not the biggest tech names. The semi's are not rallying like they used to in the past when the buy-on-the-dip kicked in. I think your MU short should be fine here. After such a strong surge today to suck in all the sucker money, I think tomorrow will be another profit taking day. VTSS and GALTF have no strength at all and VTSS did not even come close to moving back up above $46. I'm very skeptical of this rally especially the semi's. Good luck!