Semi Equipment Analysis Message Board

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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: Donald Wennerstrom who wrote (11725)	9/21/2003 12:31:45 PM
From: Return to Sender	Read Replies (1) of 95626

I believe it will be a down week Don. We are very close to setting another new near term low on the VIX in conjunction with another spike upward in the Nasdaq New Highs. That means the VIX will be rising soon and the NASDAQ will be falling. I would expect Monday could be a good day although Barron's is not going to help AMAT etc but ultimately we will get a bit of profit taking. Nothing in the charts suggests that it has to be a big down week although overly bullish market sentiment is going to eventually jump up and knock this market for a much bigger sell off. Whether that comes before, or after, the Nasdaq hits 2050 is questionable. Are we still confused? Yeah, me too. RtS

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