Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

4:00 PM EST

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To: Pink Minion who wrote (6593)	11/1/2002 11:47:56 AM
From: The Ox	of 95536

At least in the semi arena, we are seeing 2nd and 3rd tier stocks participate in this current rally. Macro wise, I still believe it's a bear market rally but I am open to the possibility that there's more here than meets the eye. I am in the very slow, sluggish growth camp. Not so weak as to be considered a double dip but weak enough to cause the stock market to fall substantially from current levels, very similar to what we saw at the end of last year's big rally. A large % rise on hope that the worst is over and then a big fall because things just aren't as rosy as higher stock prices would have us believe. Of course, an external shock could change the delicate balance quickly.

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