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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: Donald Wennerstrom who wrote (12680)	12/4/2003 1:38:45 PM
From: Donald Wennerstrom	of 95561

This is a recent update on market action from Briefing.com <<13:29 ET Nasdaq Composite sets to new session low (COMPX) 1955 -4.35: -- Technical -- Index proved unable to crack a minor resistance mentioned this morning in The Technical Take at 1972 with new session lows recently established. Currently holding near support in the 1954/1953 area (congest, 38% retrace of run off Nov low) but need to see sustained action back above the 1962/1963 area to improve the intraday pattern. Secondary resistances are the early high and 1977/1979. Failure leaves the door open to next support at 1944 (20 day exp avg, March/Aug trendline).>>

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