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

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To: michael97123 who wrote (13796)3/8/2004 4:47:54 PM
From: Return to Sender  Read Replies (2) of 95411
 
Mike, I would never say never. Heck I'm long this sector just like everyone else. I'm hoping for it to rally. I'm just saying that we have to look beyond our hopes.

We need to take into account that for over two months now, even during solid earnings reports in January, that the semiconductors and semi equipment stocks have been selling off on higher than average volume.

That is institutions rotating out of the sector. It's not us little guys. We have become too complacent. Even good news is getting sold.

That's all I am going to say before I become the least popular poster on this thread AGAIN.

RtS
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