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Technology Stocks : Semi Equipment Analysis
SOXX 328.78+2.9%Jan 9 4:00 PM EST

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To: Gottfried who wrote (6835)11/9/2002 11:39:47 AM
From: Return to Sender  Read Replies (2) of 95703
 
Gottfried and all; SOX has broken down below the April 2002 high trend line and formed a bear flag. I cannot seem to figure out how to save the chart to share the annotations but I'm sure either you or Kirk may be able to do it:

stockcharts.com[h,a]daclyyay[d20020309,20021109][pb50,200!d20,2!c20!c10][vc60]&pref=G

Just draw a line through the April and May tops to the most current close on the SOX. Then draw the lines for the last month trend tops and the last five days high and lows and you will get the flag.

It may spell trouble for the market.

Finally here is a discussion of the current market run, the FED move, valuations and Bear vs Bull Market?

MARKETVIEWS.TV PRESENTS:

aegeancapital.com

Click to listen to John P. Hussman Ph.D /Portfolio Manager for the Strategic Growth Fund (HSGFX) and the Strategic Total Return Fund (HSTRX)

RtS
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