Semi Equipment Analysis Message Board

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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: Donald Wennerstrom who wrote (1548)	1/5/2002 5:06:18 PM
From: Return to Sender	Read Replies (1) of 95616

Don unless we get some kind of earnings warning I expect Monday's open to be very good for the semiconductor equipment group. There is plenty of evidence of a potential recovery this year. Brokerage houses and their analysts have been proven wrong so many times that it is absolutely laughable. In addition the market has risen during actual earnings reports almost every quarter throughout the Bear Market. There is good reason for you to hold (I almost did) just as there was good reason for me to take profits. I try to trade with the index working in my favor. The SOX is either close to a short term top or a real breakout that will set new trading ranges higher than we saw in 2001. stockcharts.com[h,a]daclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14] Fear and greed... Fear won for me on Friday. RtS

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