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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Donald Wennerstrom who wrote (10037)6/9/2003 1:25:17 PM
From: Return to Sender   of 95572
 
MOT really has not had a lot to crow about for a while but if a few more companies come out with warnings where business has been good then you are exactly right.

It will be yet another disappointing second half. At this point I'm not too sure how far this dip goes. There have been so many positive developments technically these last few months that the fundamental problems don't seem as much of an issue just yet.

378 certainly did not hold for the SOX but right now today the TRIN is high so a rally at the open tomorrow is likely even if the market does nothing but tread water from here today.

investorshub.com

How well any rally can extend will depend on a lack of warnings and a high put to call ratio of over 1.00:

cboe.com

RtS
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