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Technology Stocks : Semi Equipment Analysis
SOXX 343.07-0.5%4:00 PM EST
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To: Proud_Infidel who wrote (13511)2/23/2004 2:39:31 PM
From: Return to Sender  Read Replies (3) of 95765
 
Brian, I sure cannot answer those questions. I do remember at the bottom that all the guidance was surprisingly weak and yet stocks began to advance.

The market knew something I did not. Now we are seeing a lot of profit taking at a time that guidance is exceeding expectations.

Could be simple profit taking before the next advance. It could be something worse. Only time will tell.

RtS
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