Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

+1.1%

Dec 8 4:00 PM EST

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To: robert b furman who wrote (6519)	10/29/2002 4:17:23 PM
From: Donald Wennerstrom	Read Replies (1) of 95536

Bob, <<Can it be this market is beginning to look forward into 03.>> I think it is, but there are a lot of signals these days, both positive and negative. The market is having a hard time figuring out which way to go. Today was a good example - a "bad" consumer confidence report and the market "tanked", however, it did recover quite a bit just before the close. It looks to me, when reviewing many of the charts of the last 3 to 4 weeks, that the upward trend is tending to flatten out. We probably need a little rest in upward price movement, but does that rest include some fallback in prices? It bears close watching. Don

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