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Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

Dec 2 4:00 PM EST

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To: Gottfried who wrote (3149)	5/16/2002 8:35:18 PM
From: Return to Sender	Read Replies (1) of 95515

I'm just trying to be realistic. We are still in a Bear Market trading stocks in the best technology industry worth being bullish about. Just like you were smart enough to take your money off the table when AMAT reported earnings we should also be capable of playing the downward swings to our advantage. Unless of course I am dead wrong which certainly happens all too often. In fact I can't believe the number of people shorting stocks and predicting new lows here on the threads at Silicon Investor. Whenever you see that much consensus about anything it usually turns out to be wrong. I'm not negative or even Bearish. I'm just much more in agreement with Cary than ever before. I think the mid term trend on the SOX is not looking good. We may go up for a bit here but we are just about done with earnings and then comes the inevitable speculation that the economy will double dip. No matter how you look at it valuations are high. RtS

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