Semis and Storage UP. QLGC with decent guidance (recall May QLGC rally) for next 2 q's, always met. resistance hit around 41, next at 42.2.

HDI confirming downtrend, but possible DBL bottom at 46.50

What path for IMPH? Rolling Over? Prints Doji today.
daily Stochastics don't appear bad. New stock to me.

Breifing.com - Contrary to Dow Jones Pubs
Updated: 25-Jun-01
General Commentary

If you've played sports, such as golf, tennis or boxing, you know that there is a moment in virtually every contest in which the outcome is determined... It may take awhile to play out, but who will win and who will lose is established in that moment... Briefing.com contends that the moment just passed for the tech sector -- and the bulls won.

When the Nasdaq absorbed the telecom/networking bloodbath without taking out retracement support at 1974, you could just sense the concern on the part of sellers... They had just delivered what should have been a knock-out blow, and the Nasdaq shrugged it off with relative ease... We don't expect market bears to go down without a fight, but unless they land a sucker punch, the fight for control of the tech sector was determined last week and they lost.

If our assessment of last week's trading proves accurate, then we can expect upward momentum to build in the weeks to come... Might have to get through warnings season before significant headway is made, but at least the worst of the selling should be over... To position themselves for the next leg of the advance, Briefing.com contends that investors will want to increase exposure to the software, wireless and storage groups... Stocks such as Veritas (VRTS), Siebel Systems (SEBL), McData (MCDT), StorageNetworks (STOR), Microsoft (MSFT), Nokia (NOK), Nextel (NXTL), EMC (EMC), Deutsche Telecom (DT), Openwave (OPWV), Oracle (ORCL), Vignette (VIGN), Qualcomm (QCOM) and RSA Security (RSAS) are expected to help lead the recovery... While we expect the telecom/networking stocks to enjoy decent recovery gains as well, the earnings turnaround is still too far away and too uncertain for these stocks to sustain a big move - would want to see more evidence of improved industry conditions before placing new bets in this space.

* This week's earnings calendar highlighted by 3Com (COMS), Palm (PALM), Cabletron Systems (CS) and Liberate Tech (LBRT).

ONIS - interday rocket, was beat up recently, another tarding favorite.

WIND - UP Trend starting?
on volume last couple days.
But gap down on big volume awhile back.

QLGC past 52, IMO, with ignite the upside.

Jenna, Still long QLGC into earnings? (Tues)
QLGC chart may appear as a volatile Base here in May,
But has trend RS and Momentum swung?
BRCD earnings same day. They warned twice. Then stated will meet.
My Previous EMLX short speculation proved quite correct. (7 pts)
Now about my execution....AT\ least I'm learning here. Thanx.

EMLX - Short candidate
but in strong sector.
Is that a hammer on May 7?
closed near its highs today, lower volume.

Jenna, QLGC earnings date not til mid May, according to its website. You indicate May 2 on the chart. Good earnings are anticipated. Gap up today, Gap back at 33, FWIW.

Jenna, do you use intraday Fibonacci retracements to provide enter/exit targets? Some of these are all over the map today.

looking at chart, 3 consecutive opening gap ups, rarely seen.
Is that a hanging island at the top?
Nice call, I'm late to that party.

BRCD downgraded,warns - I got Lucky on this
http://www.investorshub.com/beta/read_msg.asp?message_id=78165

But we often make our own luck.

QSFT - continues up today from gap up Thurs.
BRCD - I see a gap down there at 21.
plenty of gaps to be filled.

NEWP - Earnings play?
Hello, just found this thread and read some of the links.
NEWP has had a recent run, esp. yesterday, and looks to have not much resistance until 40 (now 35 from 20).
Pre-announced earnings would be on track *if memory serves*.
Earnings Apr.18. Jenna, is this one on your list for techno analysis? I read your take on Climate and possible Gap down soon.
After 40 then not much resistance.
Thanks all for a cool thread.