Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 305.47

+3.1%

Nov 5 4:00 PM EST

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To: Gottfried who wrote (1333)	12/3/2001 6:00:50 PM
From: Return to Sender	Read Replies (1) of 95368

Gottfried one of the best things about this thread is that its members contribute so much useful information without swallowing all the rhetoric turned out by more widely read analysts. That being said the rhetoric that shows up on Briefing.com does seem to have a short term effect on stocks. Here is just a little more from today: Despite the firmly negative tone today, the decline came amid only modest volume with the market averages still easily contained within their three week trading ranges. DJUA -0.3%, DOT -3.6%, Russell 2000 -0.8%, SOX -1.5%, XOI +1%, NYSE Adv/Dec 1275/1880, Nasdaq Adv/Dec 1318/2279 TSM (+2.2%)-- Thomas Weisel upgrade and MU (+4.2%)-- buying Hynix Semi and subsequent upgrade. 1:01PM Genesis Microchip (GNSS) 58.04 +1.11 (+1.9%): -- Technical -- Stock is once again demonstrating relative strength, trading towards the upper end of its intraday range. Look for intraday resistance around its 52-week closing high at 58.20 with a clean break above this level placing the swing target in the area of 59.70. To the downside, look for intraday support around 57.30. finance.yahoo.com Thanks for the excellent work on your charts! RtS

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