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Technology Stocks : Semi Equipment Analysis
SOXX 296.92+0.1%Dec 1 4:00 PM EST

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To: Donald Wennerstrom who wrote (7182)11/26/2002 8:41:46 PM
From: Return to Sender  Read Replies (1) of 95503
 
Don, I find it interesting that Briefing.com has lately had a tendency to want to play both sides of the fence. The commentary that I just posted was not available until this morning when it was obvious that the market would have a difficult day.

A couple weeks ago they said 1426 on the NASDAQ would be tough resistance, then when it finally was conquered they said 1500, perhaps more.

Now 1426 was serious resistance.

Is it not support now?

As for resistance it's no longer 1500 but rather 1480 to 1500?

Just like all the rest of us they want to cover every possible base and only recall when they are right.

Which is by the way a lot more often than I am.

Anyway, tomorrow morning should be good for the semi equips but I'm on the fence as to how long the rally can continue without a lot more good fundamental news.

Futures:

cme.com

RtS
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