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Technology Stocks : Semi Equipment Analysis

SOXX 296.74

+1.8%

Nov 28 4:00 PM EST

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To: Sarmad Y. Hermiz who wrote (3912)	7/9/2002 11:14:10 AM
From: Gottfried	Read Replies (1) of 95487

Sarmad, US Markets go down, foreigners sell US stocks and change dollars into yen, euro etc. It also works near US Market tops. Someone was quoted in Barron's saying in 1999 that the Market bubble had a ways to go because foreigners had not come in yet. That's saying foreigners are 'dumb' money. Similarly, US mutual fund withdrawals coincide with Market bottoms. I saw a chart recently. Again that would be 'dumb' money. I hasten to say that some 'J6P' I know are and have been out of the Market. Not so dumb. Gottfried

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