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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST
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To: Shoibal Datta who wrote (271)1/19/2001 5:07:38 PM
From: Donald Wennerstrom  Read Replies (1) of 95617
 
Shoibal,

I don't think Walberg has indicated how long the rally would run, but he has been pretty positive on the benefit of the Fed's rate cut in turning the market around. If I had to guess, I would say that Walberg sees a positive environment going forward for the near term.

Of course, ML has stated they believe the next 4 to 10 weeks will be positive. This led them to re-balance their portfolio to include more tech stocks.

Message 15207934

Don W.
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