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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%4:00 PM EST

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To: robert b furman who wrote (5587)9/23/2002 12:09:20 PM
From: Return to Sender  Read Replies (1) of 95536
 
We should get a short term bounce any time in here Robert but it's not going to last near long enough to make any of us who are long very happy in my opinion. The SOX has finally begun to tag the lower Bollinger Band with the RSI on the daily chart at 28!

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9]&pref=G

We are tremendously oversold. We should bounce but there is no catalyst to take the market higher in the midst of warning season with the potential of war with Iraq.

I'm depressed because I went long too early again.

Many thanks Robert to you and to all those who have been contributing to the technical discussion.

RtS
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