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Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%Nov 26 4:00 PM EST

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To: Donald Wennerstrom who wrote (5575)9/23/2002 5:04:28 AM
From: Justa Werkenstiff  Read Replies (3) of 95479
 
Donald: Re: "when do we turn around and get back up to the middle of that channel, say around 500 to 600 or so?:)"

Dunno. Although my Sox targets have been realized, they took longer to realize than expected. The better question is when does the bear market end for the market as a whole. There was no bear market exemption for the Sox as been shown the past few months and I expect it to perform more in line with the market going forward. In that regard, I would offer this chart for consideration:

stockcharts.com[w,a]macaynay[d19940812,20020921][pf][iut][J6600835,Y]&pref=G
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