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Technology Stocks : Semi Equipment Analysis
SOXX 304.92-0.1%Dec 30 4:00 PM EST
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To: Kirk © who wrote (11261)8/26/2003 11:48:30 AM
From: Return to Sender  Read Replies (2) of 95652
 
I think I will just echo Sam's comments to Michael yesterday. Stock trading action by the bulls speaks louder than their written words. While we can all make an excellent case for the market to advance further in the face of our WOWL many astute investors like yourself have been taking profits on stocks like A which have outperformed these last few months.

We know the economy is doing well despite the WOW but whether we think too much optimism is priced into the market or not it is interesting to note that the pace of buying stocks is slowing now even as profits are being booked.

Thanks for bringing up another valid concern.

RtS
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