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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Kirk © who wrote (8977)3/13/2003 9:37:03 PM
From: Return to Sender  Read Replies (1) of 95572
 
Great charts Kirk but this is not 1998. Keep in mind that the VIX hit over 60 the day the market rally began in 1998:

stockcharts.com[h,a]dhclyyay[d19980909,19990101][pc20,50!d20,2!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]&pref=G

Yesterday it barely got over 41.

I'm sure we can find a number of other areas where yesterday's bottom is not flagged as the real deal but that one is a big one for me.

RtS
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