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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: Return to Sender who wrote (5640)9/25/2002 1:11:37 PM
From: Donald Wennerstrom  Read Replies (1) of 95530
 
Interesting day today. The SOX has been trading in an upward channel since the open. From Briefing.com this morning:

<<10:50 ET Semiconductors exhibit relative strength : -- Technical -- SOX posting a 3.2% intraday gain -- currently trading at 246, look for initial resistance at 248 followed by additional overhead at 252. To the downside, watch for initial support at 244 followed by much more significant support at 238.>>

Well, we just broke through 252, now trading at 254 as I write this note. Hope it keeps going! We need some good news for a change.

Don
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