Semi Equipment Analysis Message Board

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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: StanX Long who wrote (2420)	3/27/2002 3:19:49 PM
From: Return to Sender	Read Replies (1) of 95574

My updated SOX technical expectations - 560 by Monday unless we hit it today, or tomorrow, as I hope we will because then we bounce back up: StockCharts.com SOX Chart: stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G The lower Bollinger Band is rising causing the trading range to constrict and effectively moving the low end higher. If we hit 560 I believe we can then we can begin to climb back higher. Most of the shorts will be in place feeling secure in their belief that these stock are as overvalued as they actually are and be set up for another round of upgrades or relatively good news on the industry. Yahoo SOX Historical Prices: chart.yahoo.com RtS

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