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Industry Calls Archives: Semiconductors - December 2000
Semiconductors
Thursday, December 29, 2000:  Overall market weakness expected.

Thursday, December 21, 2000:  Overall market buy. Buy with stop-loss. Most of the stocks in this industry are sitting at the bottom of their trading ranges.  They have been strong and have remained 

just above their lows as the NASDAQ and many other sectors have been making new lows, and in the last week, we've gotten fairly strong bullish signals on all but one of these companies, so we believe that they will be bouncing off of these support levels and turning up in the next several days. However, if these levels are broken, there will be considerable more downside left and we would recommend cutting those losses at 5-10%.

Monday, December 11, 2000:  Short term sell. We have started getting somewhat bearish signals on some of the stocks in this area, with weak bearish signals on half the sector in the last two trading days. While we do expect a brief correction, as with the computer sector, semiconductor stocks (which are up 30% since our buy call on November 30), look fairly strong. We do not expect any reaction to be very steep, and look for semiconductors to resume their upmove soon afterwards.

          · November 2000          · October 2000          · September 2000          · August 2000          · July 2000