Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 328.78

+2.9%

Jan 9 4:00 PM EST

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To: Donald Wennerstrom who wrote (13348)	2/14/2004 8:30:50 PM
From: Return to Sender	Read Replies (2) of 95703

Don, you finally broke down and included A? Why not leave it in the mix and then maybe Kirk will send a thank you at warp speed! Seriously, thanks so much for the tables. I have been looking over a lot of information and charts today. Amateur Investor is fearful of a potential double top for the dow which I believe is supported by other chart evidence I have noted that may be worth investigating. My main concern is the recent high in the DJIA that was not confirmed by a new high in the transports. Don't get me wrong because I am still thinking buy the dips but it's been six weeks since we had even one day where the total put to call ratio over 1.0. Translation: A lot of bullishness is built into earnings expectations and the next big move is now 50/50 up or down. I will be happy to supply charts and further details on these thoughts to anyone who might be interested. How many months now without even a 5% correction in the major averages? Perhaps too many. JMHO, RtS

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