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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: Donald Wennerstrom who wrote (1732)1/24/2002 9:10:52 AM
From: Return to Sender  Read Replies (2) of 95640
 
Don I think we will see the majority of semiconductor stocks leading the market higher again over the next couple of weeks. In the absence of any market rattling news BRKS should do just fine even though their earnings could obviously be interpreted in a negative light. Take a look at the SOX chart and watch it the next two weeks because I believe it will continue to show a rising RSI.

stockcharts.com[h,a]dhclyymy[d20000601,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]

As of last night we have 30 oversold semiconductor stocks out of 184 listed here at SI. Path of least resistance is up even if BRKS is not one of them.<grin>

Just my opinions, RtS
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