Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: michael97123 who wrote (12798)	12/23/2003 12:06:16 PM
From: Return to Sender	Read Replies (1) of 95565

Short term for the rally to continue a sustained advance the NASDAQ must close over 2000. The SMH and SOX must set new closing highs. And most importantly they must do this without the help of the DJIA and S&P 500 which in my humble opinion are going to see some sustained profit taking starting no later than early January and perhaps a lot sooner. The constriction of the Bollinger Bands on the VIX/VXO indices indicates a strong move coming. That move will likely be at least a short term rise of the volatility indices. What happens when these indices rise? RtS

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