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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: Sun Tzu who wrote (8980)3/13/2003 10:18:16 PM
From: Return to Sender  Read Replies (1) of 95572
 
Another great post. I think we are in agreement which is probably why we are sitting on the sidelines without being invested at the bottom of this latest rally.

When I ask if this bottom was the real deal I mean was this the bear market bottom?

I just don't know how long this rally can last. Without the sentiment indicators growing more negative first we cannot in my opinion have a bear market bottom.

We did not get enough negativity.

We got a lot of light volume selling. We got one 90% down day showing some capitulation and the VIX got over 40 again. That's good enough for one hell of a rally but not good enough to end a bear market.

RtS
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