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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

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To: Proud_Infidel who wrote (13643)3/1/2004 10:15:55 AM
From: Kirk ©  Read Replies (1) of 95383
 
I have a hunch the correction is ending. My fav stock that I've made the most in since the bottom, CACS, put in a hammer doji on the weekly and has 3 white soldiers to finish the hammer last week. Today it is up 2% already...
suite101.com

Intel gets a downgrade and it is up as I type, only 0.24%, but it IS green.

Downgrades stop sending stocks down so they take their foot off the break, release the hand brake and hit the gas pedal and perhaps ignite the turbos... now that they've got all the suckers they can to sell....

Skeptic that I am....

My screen is almost all green which has been a rare color the past weeks.

Have we ever seen so low a PEG on the stocks Don tabulates each week?

Of course, we could just be having a counter trend rally starting after a big decline to relieve the oversold condition but I've added to my positions (and will take profits again if we go up again.)
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