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Technology Stocks : Semi Equipment Analysis

SOXX 281.61

+1.7%

4:00 PM EST

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To: Sam Citron who wrote (4024)	7/16/2002 4:07:32 PM
From: SpecialK	Read Replies (1) of 95442

[My prediction tomorrow: down 150] Good job, Sam! Guru status is near. Down about -164 today. So what will tomorrow bring? There is fear over what Intel will say and what Microsoft will bring on 7/25. I thought that markets would rally with earnings, and the techs have started in the last week or so. The Dow is down big. My thinking of timeframe is shifting to rally starting on 7/25 or 7/26, as the news will be out and with the likelihood of all bad news being priced in. As long as the Nasdaq holds above 1250 or so, for the rest of the month, things are looking brighter for the Nasdaq. I recall this as a major support area back to 97 or so (of course my memory may be bad). Ketan

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