I have been watching semi for a while, it looks like they are bottom out.
For tech leaders such as aapl goog, I doubt for near-term further drops. Many indicators just can not be more bearish.
But please bear in mind, near term tech rally may indicator the end of a sector rotation, which means, manybe the end of this overall rebound.
However, if we are going test 200MA, then we still have another round of sector rotation.
Wednesday, February 27, 2008
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