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Technology Stocks : Semi Equipment Analysis

SOXX 361.13

+0.2%

Jan 29 4:00 PM EST

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To: Return to Sender who wrote (15153)	5/13/2004 11:23:59 PM
From: Donald Wennerstrom	Read Replies (1) of 95806

These have been interesting times. Like always, the market is acting in a peculiar way that I don't remember seeing before. Nothing is good enough for the market these days - companies like CSCO have great gains, and meet or exceed target, raise guidance going forward and then they sell off. In the meantime, stocks like EGLS go "gangbusters" on no news that I could find. Tonight in AH, the semi-equips "take off" and go positive, only 3 of the 25 stocks in the Group are down. Message 20127470 During regular hours today, only 7 of the 25 stocks were up. Message 20127365 The market is in a schizophrenic phase where it doesn't know what it is doing. We were up on Wednesday "big time" and down today "big time". Who knows what is going to happen tomorrow? Not me, that is for sure! In the past month we have had ticks on the NYSE below -1300 on five(5) different days - that has never happened before. Message 20126249 Tonight, as I am writing this note, the futures are slightly positive - but what does that mean? - very little I am sure. Tomorrow is another day in this schizophrenic market - one of these days it's going to decide it has had enough "fooling around" and do something "reasonable" - although, now that I think about it - maybe it never will!:-) Don

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