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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

4:00 PM EST

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To: Donald Wennerstrom who wrote (11228)	8/25/2003 2:25:00 PM
From: The Ox	Read Replies (1) of 95622

I think Fleck lives in fantasy world where there's a crisis looming around every corner and there's an ambush set up at every mountain pass. I know VERY few people who are "all in" the market. Very few are 100% invested on the bull side. I know we have a few around here who are 100% in but I bet they are a tiny minority. Quite a few people I know have either reduced or eliminated their 401K contributions. I think the market could see a nice correction and RtS's 20% off on the SOX could happen but I just find it hard to envision a "crash" scenario given the "total picture" as seen/displayed by many different US and global economic statistics. Should we see some back fill? In my opinion, absolutely. A crash...well...I just don't see it. I see Fleck becoming more and more like Chicken Little, constantly crying that the sky is gonna fall. mh

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