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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

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To: Softechie who wrote (8823)2/26/2003 11:57:21 PM
From: Return to Sender  Read Replies (1) of 95738
 
If you are asking me if I think the VIX will close over 50 again then yes I do. It will be a very dependable signal of the impending bear market bottom where we should both go long.

I have looked at some of your charts and your downside targets. I have to admit that a couple of years ago I would have found those targets ludicrously low. Now I think you have every reason to believe you will ultimately be right.

Still there will most likely be several bear market rallies before we get to those levels. My question for you is simple. Will you go long at those short term bottoms?

I'm headed off to La-La Land. Keep up the good work.

RtS
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