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Technology Stocks : Semi Equipment Analysis
SOXX 296.92+0.1%Dec 1 4:00 PM EST
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To: Return to Sender who wrote (15555)6/3/2004 10:35:45 PM
From: The Ox  Read Replies (2) of 95503
 
Thanks for your thoughts and charts, RtS. When the market chooses to rotate out of a sector, like we've seen lately in the semi sector, it often takes a long time to get those who bailed to reenter. But what will make some people take notice are improved fundamentals or improved technicals. I think we are approaching the improvement in both. While it may not be THE bottom, the 432 printed in the SOX "could" be what we've been looking for. 40% off the recent run more then qualifies for the term "correction".
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