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Technology Stocks : Semi Equipment Analysis
SOXX 283.56-1.7%4:00 PM EST

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To: Donald Wennerstrom who wrote (1260)11/6/2001 5:44:06 PM
From: Return to Sender  Read Replies (1) of 95422
 
Don,

I have been sitting on a hoard of cash now waiting for the selling to begin. When will that happen? It sure has been frustrating waiting so far but the SOX will have a tough time making it through heavy resistance near 540 in my opinion. Take a look at this chart:

stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a1875][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

This current trend upward is hard to explain for me as well. Certainly a recovery is coming someday. Perhaps I should have held my long positions. Thank God I did not actually short any of these stocks!

RtS
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