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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: JSLyons who wrote (3571)6/19/2002 11:10:12 PM
From: Return to Sender  Read Replies (2) of 95530
 
Many of your stock picks are still substantially above the lows. Good stock picking. I think that the SOX can hit the September lows without all, or even a majority, of these stocks going to their lows but some will end up lower.

A good way to pick a bottom here for potential buys would be to look for long term support on monthly charts like this one of KLIC:

stockcharts.com[l,a]mhcaniay[d19950101,20020619][pc20!d20,2][vc60][iUe12,26,9!Lc20!La12,26,9!Lo14]&pref=G

I believe that when we hit the lows many stocks will be riding the long term lower Bollinger Bands at extremely low relative strengths.

I've already made out my wish list. RtS
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