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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST

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To: Gottfried who wrote (6362)10/21/2002 8:21:05 PM
From: Return to Sender  Read Replies (2) of 95525
 
Gottfried, on the bright side virtually every site I follow that does day to day market technical commentary was so impressed by today's rally that they never even mentioned TXN's disappointing earnings. About the worst I can find is expectations for some consolidation before we should rise again. That is unless of course if support gives way.

thetechtrader.com

internetstockreport.com

Three weeks ago I was buying shares of TXN in the low 13's. Even after tonight's warning I would be ahead if I still had those shares. Anyway, my timing still sucks. I'm trying to hang in on the short side of some shares in LLTC and XLNX. I am getting my butt kicked even after looking at the after hours prices. Plus my long positions in AMAT bought last spring while looking better are certainly far from showing a profit.

So does the market (SOX) continue higher after a bit of consolidation?

I know...

The bottom is in

Not unless the SOX can stabilize above the 50 day moving average.

stockcharts.com[w,a]dhclyiay[pb50!b200!d20,2!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G

We will know within a week.

RtS
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