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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Tiley who wrote (19834)	2/11/1999 2:40:00 PM
From: drsvelte	Respond to of 69144

I may be early, but took a small short position in MU. We'll see.

To: Tiley who wrote (19834)	2/11/1999 2:53:00 PM
From: Iris Shih	Respond to of 69144

Jurgen, Semis look toppy, especially for the second tire stocks. Lrcx, nvls look weak. They need to pull back for a while. But I am not going to short them. Hence I believe semis' recovery is still at the early stage for this cycle. Like Clint told me before, if I short them then I would be biased when it's time to pick them up again once the consolidation's over. Like I seldom play short side on net stocks, either. Right now I keep a small semi core holdings which I bought at a much lower level. And daytrade them. Iris