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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%4:00 PM EST

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To: Mike Delaney who wrote (7885)12/28/2002 4:35:17 PM
From: Return to Sender  Read Replies (1) of 95521
 
Amateur Investors Weekend Market Analysis:

amateur-investors.com

Meanwhile the chart of the Semiconductor Index (SOX) looks to be forming a mini Head and Shoulders (points M and N) Top pattern which isn't a good sign. If the SOX can't hold support at its 61.8% retracement level near 280 then a retest of the early October low near 210 (point O) will probably occur and may take the rest of the market with it.
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