Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: Sarmad Y. Hermiz who wrote (3838)	7/3/2002 7:16:53 PM
From: Return to Sender	Read Replies (1) of 95546

The SOX has critical resistance at 405. The trading today was nice because we did see a lot of large caps gaining. Short covering, institutional buying and a lack of sellers all helped but mostly the VIX got back over 35 and buyers stepped in. The rally could last a while but 405 is going to be a tough nut to crack. It's really that simple. JMHO, RtS

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