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Technology Stocks : Semi Equipment Analysis
SOXX 283.58+0.3%Nov 25 4:00 PM EST

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To: Gottfried who wrote (5141)8/28/2002 10:42:43 PM
From: Return to Sender  Read Replies (1) of 95471
 
I've tried catching too many falling knifes to go after a stock like SMTC today. The SOX was falling, the stock got hammered, but Robert made it pay off anyway. I want the short term trend on my side. I see nothing in any of the major index charts to suggest the Bear Market ended with the recent upturn.

This is what I am looking at as my next play; A short of NXTL. The company is highly leveraged and as a part of the XTC I think it will follow the index and the rest of the market lower.

finance.yahoo.com@^xtc&d=t

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20][vc60][iUb14!Uk14!La12,26,9]&pref=G

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20][vc60][iUb14!Uk14!La12,26,9]&pref=G

Any thoughts are welcomed by all.

RtS
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