|
Thursday, June 7, 2001:
Overall market weakness expected.
Sell with buy stop. We've gotten
bearish signals on about four-fifths of the
stocks we track in this industry, most of these
coming in the last two days. Having moved
up about 20% in the last six trading days (about
15% since our buy call on technology last Friday
morning), the semiconductor sector has again
reached the resistance range that it has
been unable to overcome in the last several
months. We do, however, see some chance of
the sector overcoming this resistance in the
next several weeks, and if it is able to move up
about another 10%, it will have successfully
broken out to the upside and should be clear for
another bullish move. Should this happen,
we will keep you informed.
Friday, June 1, 2001:
Overall
market buy.
Buy. This sector is back around
support levels set up over the last
month-and-a-half. It has come down nearly
20% in the last two weeks and like internets,
should be poised for a relatively significant
upmove in the near future.
· July
2001
· May
2001
· April
2001
· March
2001
· February
2001
|
