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Technology Stocks : Semi Equipment Analysis
SOXX 299.67+1.5%4:00 PM EST

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To: Return to Sender who wrote (4993)8/21/2002 6:17:50 PM
From: Donald Wennerstrom  Read Replies (1) of 95406
 
Well it is nice to be on the right side of the market for a change.

<<Heck of a nice day to be long Don.>>

I am finally starting to recover from getting in too early at the beginning of July. Like I said, if I had listened to you back then I would be a lot healthier financially today. So far, so good! It will be interesting to see how far the trend goes before we have a "significant" correction.

<<Note that the Nasdaq's 200-day simple moving average currently rests just over 1700.>>

I sure wouldn't mind seeing that happen.

Remember the low set in October 1998. The NASDAQ close on 8 October 98 was 1419.12. On 11 November 98, it closed at 1862.11. I don't expect anything like that performance, but we could have a good run here.

Don
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