Hilarious how this game is played over and over again, 12 years after the tech stock crash.
The speculators are more emboldened than ever to put their hopes into the fabled 2nd half recovery.
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Semiconductors Surge to New Highs Led by INTC and Micron
Started by
PrintFaster
, Jul 16 2013 08:56 AM
2 replies to this topic
#2
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 16 July 2013 - 09:40 AM
INTC and MU leaders? Not exactly. You've obviously been watching too much Maria Bartiromo...
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
PrintFaster
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- Traders-Talk User
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Member
Posted 16 July 2013 - 09:53 AM
Don't forget that when one sector like the SOX is leading, the poor fund managers who have been "left behind" on this rally will be "dumpster diving" and jumping into the bigger cap laggards like INTC and MU.
Think about it.
Nobody is going to be fired for piling into larger cap names in a sector that is leading the market. 
