Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 330.35

+0.5%

Jan 12 4:00 PM EST

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To: Return to Sender who wrote (8254)	1/28/2003 10:48:57 AM
From: robert b furman	Read Replies (1) of 95708

HI RtS, I just have to believe with everything stalled by possible war this bounce is half hearted and shorts are selling into it hard. We've broken all 200 ma and all past supports. This is a valiant struggle - but I think more time must endured. We're gonna have a washout bottom in some stocks and those in stronger hands will retest and or no trade or light trade. Way too many questions for a rally to drive stocks up with a silent demand for stock when it looks to me like a lot of supply is coming on stream from the short side. JMHO Still a great setup for averaging down and a very good possibility of the leg up actually being one with longer legs. Bob

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