Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 348.14

+3.2%

Jan 21 4:00 PM EST

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To: Gottfried who wrote (17776)	8/7/2004 9:36:30 PM
From: Return to Sender	Read Replies (1) of 95748

Sorry Gottfried but you are wrong. The S&P 500 for instance actually went a bit lower in October 2002 when we got bullish divergences in the volatility indices and the BP Indices to confirm a bottom was taking place.. Lets take your charts extend them into October and compare them to the VXO and BPNDX: investorshub.com Sorry to correct you. You just needed to extend your charts into October to see that the bottom was lower but there were important positive divergences taking place. In hindsight we should have been becoming fully invested in October 2002. We should have been ready to hold for about 15 months. We should be able to see the next real bottom a mile away! JMHO, RtS

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