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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST

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To: robert b furman who wrote (3417)6/5/2002 9:45:13 AM
From: Return to Sender  Read Replies (1) of 95626
 
Bob, looks like things are unfolding pretty much just like we expected. Although I do have to note the move started yesterday and the VIX did confirm it was time to buy for me. <g>

I'm thinking maybe with a little encouragement from INTC we could see a move on the SOX back up to the 50 day moving average currently around 535 but trending down. Enough encouragement and we could hit the upper Bollinger Band. When I say we have disinterest in the market it is measurable in the number of former bulls who have refused to buy this recent dip. They are not even short. They are just cautious and disengaged after years of a Bear Market.

stockcharts.com[w,a]dhclyiay[pb50!b200!d20,2!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G

When you get a minute let me know what you think?

Thanks, RtS
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