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Technology Stocks : Semi Equipment Analysis
SOXX 333.30+0.9%4:00 PM EST

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To: robert b furman who wrote (17506)8/1/2004 2:22:04 PM
From: Return to Sender  Read Replies (2) of 95713
 
Sorry Bob, I am not short. I actually am long. Read the Full Disclosure thread. I do expect this run to go perhaps as high as 35.50 on the SMH and probably about 455 on the SOX. I call them as I see them Bob. I'm no perma bear. I'm no perma bull but we are in a downtrend until we see a significant volume reversal. Let me refer you to a few charts I put together recently that will show you what I mean:

investorshub.com

We are in a downtrend. I expect to go short when we reach the main trend line at the top of the range unless we get a high volume reversal. Not likely I am afraid.

JMHO, RtS
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