Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

4:00 PM EST

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To: Donald Wennerstrom who wrote (1391)	12/10/2001 9:15:41 AM
From: robert b furman	Read Replies (1) of 95368

Hi Don, When you figure that one out PLEASE POST!! I've got two things to watch: Some of these stocks are above their 200 moving average.This average is also rising.I'm watching for institutional support at the 50 dma - simple and/or exp. This last rally displayed big block purchases during the run up which was on good volume. Support for future winners should come in at the 50. Some stocks are still trading below their 200 moving average and may be more prone to another dip/setback. Just guessing but I think a rising 200 ma is a plus and could provide good support. Those stocks not yet above the 200 ma,may well miss that area of support. Just something I'm watching. Bob

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