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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 677.58-2.0%Jan 20 4:00 PM EST

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To: j g cordes who wrote (37662)7/16/2002 5:32:22 PM
From: Return to Sender  Read Replies (1) of 69917
 
Are you factoring in the lowered capex? This will limit the upside to a lot of SOX and SMH components.

INTC is just one stock but its capex affects many others throughout the semi equipment industry. A quick check of the SOX components looks good for tomorrow. MOT beat and that should help:

finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+TER+TXN+XLNX&d=c&k=c3&t=3m&a=r14&p=b%2Cv&l=on&z=m&q=c

RtS
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