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 (8258)	1/28/2003 11:56:14 AM
From: Gottfried	Read Replies (1) of 95708

Mark Hulbert watches newsletter sentiment DAILY and sees big drop in sentiment. cbs.marketwatch.com As of the stock market's close on Monday, the HSNSI stood at 5.8 percent -- a decline of nearly 16 percentage points from the previous session's close and a drop of some 42 percentage points since Jan. 14. That single-session drop of 16 points is one of the largest of the 2000-2002 bear market. Contrarians interpret this bullishly because the stock market has tended to rise over the following month whenever the HSNSI drops this much. On average following the 50 trading sessions since March 2000 in which the HSNSI has dropped by at least 10 percentage points, for example, the Dow over the following month has risen 1.07 percent.

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