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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 (6437)10/24/2002 9:49:33 AM
From: Sarmad Y. Hermiz   of 95530
 
>> You may want to pay close attention to the diminishing volume on rally days though because falling volume does not support the hypothesis that this is anything but a bear market rally in my opinion.

I agree with you the volume bears close watching. But I also wonder if the low volume reflects the lower day-trading activity, and does not indicate lower real investment.

Of course the whole long case is built on economic growth. If that stalls, then my goose and funds are down the toilet - again.

Sarmad
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