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Technology Stocks : Semi Equipment Analysis
SOXX 276.98-2.3%Nov 18 4:00 PM EST

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To: Sam Citron who wrote (4017)7/15/2002 5:46:44 PM
From: Donald Wennerstrom  Read Replies (1) of 95432
 
I don't think this is the "BOTTOM" either, but I think we are ready for a little reprieve the next 2 to 3 weeks in terms of furthering bottom activity now. For this "reprieve" to come true, the upcoming earnings announcements must, in an overall sense, be accepted by the market as a positive.

I'm banking on that positive to be true and not selling in the expected morning "ramp up". We won't have long to find out how the market will respond after tomorrow evening's earnings announcements.

By the way - I liked that call on the DOW closing you made. That's a tough act to follow!<gg>

Don
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