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Technology Stocks : Semi Equipment Analysis
SOXX 345.64-2.0%Feb 3 4:00 PM EST

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To: Gottfried who wrote (14481)4/14/2004 11:31:41 AM
From: Return to Sender  Read Replies (1) of 95853
 
G, I know that the calendar year has been bad but there were plenty of gains in the previous nine months which is why I wrote 12 consecutive months and not calendar year.

When there is more net down volume in the market than up volume the only conclusion I can reach is institutional selling. I guess it does not matter if they are protecting gains or preventing losses.

There was an awful lot of institutional selling in January, February and March.

RtS
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