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Technology Stocks : Semi Equipment Analysis

SOXX 288.52

-0.3%

4:00 PM EST

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To: Donald Wennerstrom who wrote (12426)	11/7/2003 8:37:21 PM
From: Sarmad Y. Hermiz	Read Replies (4) of 95420

>> Timing An Exit Strategy Don, first I want to say thanks for not reminding me that nasdaq did not break thru 2000 today. But I can't resist saying that today was the most perverse reaction to good news that I have seen in years. And also thanks for posting the exit strategy reference. Regarding today, it seems lately that good news is greeted by a mild sell-off, then a day or two later the market is at new highs. I hope the same will happen now. But I really thought today's report would overcome any skepticism. So now can there be any doubt that the holiday shopping data will set all time records for spending ? Millions of people have new homes and will spend on furnishings and appliances. I guess the initial reports will be greeted by sell-off, then in mid December, we'll see the market at new highs again. Sarmad

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