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Technology Stocks : Semi Equipment Analysis

SOXX 352.69

+1.8%

4:00 PM EST

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To: Return to Sender who wrote (10885)	8/7/2003 9:49:42 AM
From: Cary Salsberg	Read Replies (1) of 95833

RE: "Wednesday's action played into Briefing.com's argument that the path of least resistance for the time being lies to the downside and we would contend a re-test of the bottom of the June trading range (1597-1600) is a distinct possibility. Even though the market has traded poorly of late, and we would refrain from committing new money, it is still too early in our estimation to view the action as anything more than normal corrective activity following a huge rally off the March lows.--" "path of least resistance" = DOWN "re-test of the bottom of the June trading range (1597-1600) is a distinct possibility." = DOWN SIGNIFICANTLY "anything more than normal corrective activity following a huge rally off the March lows" = NOT DOWN SIGNIFICANTLY and UP AS SOON AS CORRECTION IS OVER So Briefing.com joins the legion that forecast up, down, or unchanged!<g>

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