Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Return to Sender who wrote (10089)	6/12/2003 2:30:30 PM
From: michael97123	Read Replies (1) of 95530

RTS, My view is that the market is bumping up to resistance at S&P1000. Perhaps its the first of the big psychological numbers that are out there. S&P 1K, Dow 10K and naz 2K. If there is a clear move thru it, you may be saying the same thing a few hundred points higher. We may have reached a critical point in this rally. There is alot of liquidity out there. Interest rate cut imminent. Fed buying treasurys=printing money. Dollar is weak is good for exports. Large deficits inflationary. Tax cut and gas price fall puts more money in consumer hands. I dont think this rally is ready to end just yet but i as most of you know have been wrong before. Mike

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