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Technology Stocks : Semi Equipment Analysis

SOXX 305.47

+3.1%

4:00 PM EST

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To: Donald Wennerstrom who wrote (13757)	3/5/2004 2:47:51 PM
From: Donald Wennerstrom	Read Replies (1) of 95358

Just a follow up post with comments from Briefing.com today on some what the same subject. <<14:30 ET Dow +24, Nasdaq -1, S&P +3.59: [BRIEFING.COM] Indices improve their stance as the Nasdaq approaches the unchanged mark... Today's trade has been extremely choppy with no true trend - or reaction - developing from the February jobs report... This action has been in keeping with the pattern this week as the market has tossed and turn with little or no conviction... The market's inability to move noticeably higher for seven weeks now has been a source of concern for the investment community, and suggested to many that now is not the time to open positions... Briefing.com would agree with that interpretation, with the caveat being that exposure to equities (even in this envionrment) is a must with interest rates low and corporate profit growth strong... NYSE Adv/Dec 2239/1006... Nasdaq Adv/Dec 1598/1483.>>

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