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Wednesday, January 17, 2001:
Overall market sell. Sell on tech sectors.
Thursday, January 11, 2001:
Overall market weakness expected.
Sell. Here as well, we have bearish
signals on almost all stocks in this industry,
many of which
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came today. The sector is up nearly 20%
from Monday's lows, and some stocks have gained
as much as 50% in the last two weeks. We
expect this sector to be strong (as such, longer
term investors may choose to remain in their
holdings), and the sell may take a little while
longer to execute, but we still expect to see a
pullback before this sector resumes its uptrend.
Thursday, January 4, 2001:
Overall market downtrend expected.
Sell.
We have bearish signals on two-thirds of
the stocks in the sector, more than half of
which came today.
While we believe this industry is
technically one of the strongest among high
techs, the nearly 25% move from yesterday’s
low to today’s high is a bit much for any
sector to digest.
We expect to see these stocks drifting
down as they give back some portion (but likely
not all) of their recent gains.
·
February
2001
· December
2000
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November
2000
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October
2000
·
September
2000
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