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Technology Stocks : Semi Equipment Analysis
SOXX 337.22+1.6%4:00 PM EST

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To: Proud_Infidel who wrote (15213)5/17/2004 5:14:45 PM
From: Donald Wennerstrom  Read Replies (1) of 95729
 
Brian, This is going to be very interesting to follow and see what happens. This is a good test of the "contrary theory" we hear about all the time.

<<"We need a number of indicators to come together to have any real predictive value. The VIX can measure extremes of fear. You can use it as a sentiment indicator along with the put/call ratio which is also rising," said Richard Croft, president of Toronto-based Croft Financial Group. "Together, this may indicate a bottoming process in the market.">>

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