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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: cordob who wrote (7085)11/25/2002 12:49:23 PM
From: Return to Sender  Read Replies (2) of 95546
 
I think the SOX will make a run at its 200 day EMA at 381 this week.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

I don't think it will take it out but I have been incorrectly cautious for the last six weeks.

I've said it before and I will say it again. At least most of the chip stocks still have a lot of cash on hand. Most have proven in the past that they can make money in good times. Some companies like those that Cary favors have done well enough to maintain profits throughout this economic downturn.

So who knows. I think we are a lot closer to a top than the bottom.

RtS
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