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Technology Stocks : Semi Equipment Analysis
SOXX 289.38-3.4%4:00 PM EST

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To: Donald Wennerstrom who wrote (13790)3/8/2004 4:06:57 PM
From: The Ox  Read Replies (3) of 95411
 
The SCEs are taking the blunt end of the beating. Most are off 3% to 7% on a day when the leaders were upgraded. Volume did not seem very high for this type of a downdraft, so more weakness should not be surprising.

Similar to what mike said in his previous post, it looks like the market is starting to price in another recession. Would this be the double dip that many of the bears were calling for last year?
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