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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Return to Sender who wrote (2415)3/26/2002 9:42:12 PM
From: cordob  Read Replies (1) of 95572
 
The SOX is maintaining support at 578. To me this is extremely impressive and supports my belief that a big rally will start no later than next week..

Hi RtS so I am now over here as well and thank you for it.

I have my doubts about technical pronouncements of an index. In the first place that sox stinks as a semiconducto rindex, there are a lot of semiconductor equipment manufacturers in there. Then the technical stuff like accumulation, resignation and whatever has more to do with individual stocks than an index.

Cheers
Cor

PS I would like to invite all of you to my own website (www.chipstocks.net) which has no commercial purpose but is still a lot of work and let me know what you think. (cordob@attglobal.net)
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