Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (3669)	3/21/2001 2:13:33 PM
From: JRI	Read Replies (2) of 52237

Don, you can run circles around me as a technician....but in my mind, the SOXX holding 510-520....seems almost impossible.....how could the Soxx be building a base since December...when the rest of the Naz (including generals) just go lower? The fundamental news is just awful....HWP, SUNW saying today, again 0 visibility... In my mind, the Soxx just had to rest from the long-down move...and let the rest of market(s) catch up to it....looks to me like there is absolutely no near bottom for semis fundamentals....so I am concluding SOXX is a headfake, pure and simple, and will come down too.... Will tomorrow's report be the trigger? I am trying to stay open-minded (of Soxx leading us out of this morass), but there are simply no rays of fundamental sunshine...

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