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Technology Stocks : Semi Equipment Analysis
SOXX 337.35-1.5%Jan 20 4:00 PM EST

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To: Gottfried who wrote (13022)1/13/2004 10:06:47 PM
From: Return to Sender  Read Replies (1) of 95743
 
Gottfried, are you really surprised that we got a bearish black engulfing candle? Especially since the stock has been above the upper Bollinger Band with an RSI above 70?

How long can stocks rise (in an overbought market) when that market is not being supported by the put buyers anymore? I mean, heck, some sites are even trying to bring out more put buyers...

JMHO! Hey, who SICCED me on you? <gg>

For anyone who does not know I am 100% in cash except for one small short position in MU and at least half this post was in jest.

RtS
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