Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

Dec 9 4:00 PM EST

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To: Gottfried who wrote (7053)	11/23/2002 3:38:27 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 95546

>> So the rally may continue a while longer. But nothing says bp MUST go to previous peak levels. Gottfried, I had been concerned about the rally continuing mainly because of the speed of the comeback and the lack of retrace. But after looking at the nasdaq chart, I see we had a double top breakout from the 1425 level. Which had been the resistance back in August also. So now I feel more comfortable with the continuing rally scenario. Still, I think having a little cash in the account is really necessary these days. Considering the sudden heart stopping drops that occur out of the blue. I had been for 3 years with 0% cash. And for the 1st time I managed to sell a little and keep it in cash overnite. Did you get your fence fixed ? Sarmad

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