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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

Dec 22 4:00 PM EST

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To: Sam Citron who wrote (11231)	8/25/2003 4:50:22 PM
From: The Ox	Read Replies (1) of 95626

I thought I made it clear that I was voicing an opinion on where I thought the SOX was (not) headed in the short term. As inevitable as it might be, I doubt we will see it start here, for a number of reasons. If the SOX would go up another 5% or more through the end of August then I wouldn't be at all surprised to see the index get hit with a rash of selling once September arrives. The terrorist war will hit the front pages again with a flurry, most of the summer vacations will have been completed and there will be plenty of talk about how far and fast the markets have moved up off the bottom.

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