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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST

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To: Donald Wennerstrom who wrote (3527)6/16/2002 12:42:52 PM
From: Return to Sender  Read Replies (1) of 95626
 
Don, thanks for the updates on the tables. Are we going to get a retest of the Sept lows? I have read a lot of fairly positive analysis based on the rebound rally on Friday.

Volume was high for the majority of the semiconductor stocks we follow including AMAT but not high enough in the market overall. The VIX had a nice spike on Friday. Bearish readings are rising. This could point to at least another short term bottom.

finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+TER+TXN+XLNX+^VIX&d=c&k=c3&t=3m&a=r14&p=b%2Cv&l=on&z=m&q=c

Stocks in this industry remain very oversold but the SOX is on of the few indexes that has yet to revisit the Sept lows. My question for you and anyone who wants to answer is do we revisit those lows for the SOX and if so does that potentially act as the bottom?

RtS
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