Wednesday, February 27, 2008

Tech rebound, semiconductor bottom out

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.

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