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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: Gottfried who wrote (6119)	10/12/2002 10:54:29 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 95479

>> People are desperate to find historic precedents] I'm desperate to get some relief from these discouraging drops. And I'm glad to note that my accounts are now only 40% down, instead of 50% on Wednesday. But, I'm bracing for this recovery to reverse to the down side like all the preceding ones. Generally I'm very optimistic. But I just don't see anything good on the horizon. Neither from the economy side, or the political side. I just hope the 40,000 reduction in unemployment claims does not turn out to be totally a mirage. Then the headline next Thursday will be "New Claims increase by 60,000 - the largest increase in history". Unfortunately, WDC (my largest holding) reports on Thursday before the market opens. I'm expecting a real good earnings result. But I also think it will get swamped by the economic news. Sarmad

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