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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: The Ox who wrote (15698)	6/14/2004 12:06:19 PM
From: Return to Sender	Read Replies (1) of 95565

>Right now, everyone is looking at the cloud formations on the horizon and they have all determined there's going to be a major storm approaching. For the most part, I'm waiting to see if the forecasts come true. Do I see some rain, yes. Do I see it raining for 40 days and 40 nights? Get real.< You are wrong Michael. Right now other than a tremendously high put to call ratio which is largely the result of institutional hedging imho the market is being looked at through rose colored glasses. If you were right then the VIX/VXO would be closer to 40 than 10! Please be careful because if the market does realize there are more reasons to be fearful now than in 1998 then the market has a long way to drop from here. Enough said... lets see how it plays out. RtS

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