Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: Gottfried who wrote (5048)	8/25/2002 3:09:18 PM
From: Donald Wennerstrom	Read Replies (2) of 95561

The bpNDX data you have been posting seems to be a very good indicator of market action. It has been increasing and the "market" has been increasing. With the sharply down day for the market on Friday, and the bpNDX increasing to 60 percent, it seems we have a well defined divergence in this indicator compared to market action. It will be interesting to see in the next few days what will happen to the "market" direction compared to the direction of bpNDX. By recent past history, bpNDX going up on Friday would indicate a market "recovery" in the next few days unless it all of a sudden reverses itself. Thanks for posting the data every day. Don

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