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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 (5644)9/25/2002 1:35:52 PM
From: Donald Wennerstrom  Read Replies (2) of 95530
 
RtS, it's tough out there now. I have had my head handed to me more than once lately.

I keep waiting for the "bottom", some what like we had in October 1998. No way do I expect a NASDAQ 1000 point rise in a straight line like we did then, but I do expect a significant bottom "soon". If I knew when it was, it should be a good enough rally to make a goodly sum.

Every time we have a short term bottom lately, I keep looking to see if the resulting rally has enough "legs" to keep going for awhile. So far, all I have seen is disappointment. Who knows, this might be the time we see a little follow through for a change.

Don
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