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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: Sarmad Y. Hermiz who wrote (28955)3/1/2006 10:19:54 AM
From: Return to Sender  Read Replies (2) of 95748
 
First of the month. There is lots of new dollars available to buy stocks. We had a high volume sell off yesterday. A distribution day for the market.

INTC could well be wrung out for now but if the entire market declines it too would be drug downward. Anyway, as much as I think INTC has been overly beat up it cannot rise on its own. The rest of the market has a lot to prove after the selling yesterday. And so far today there has been buying but not as much as I would like to see were I bullish.

RtS
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