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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: michael97123 who wrote (13654)	3/1/2004 7:30:28 PM
From: Donald Wennerstrom	Read Replies (1) of 95574

<< It just makes no sense.>> I agree, but that is what makes it so hard in deciding what to buy and sell, and when to buy and sell. It always takes a buyer and seller to make a trade. I just think a lot of "entities" thought a near term peak was established in January, they then sold their stock, and now they are looking for a "strong dip" in prices so they can "buy low" and start the cycle all over again. Whether they are right or wrong remains to be seen. Personally, with the PEG's on the Group and SOX so low at the moment, I don't think there is much more left to go on the downside. As usual, the market is never dull and this week promises to be no exception. I think a lot is riding on the employment report to be released Friday. If it is very, very, good, IMO the market can go higher Don

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