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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

4:00 PM EST

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To: Proud_Infidel who wrote (31379)	7/11/2006 12:37:53 PM
From: Donald Wennerstrom	Read Replies (1) of 95609

Brian, The semi area performance right now is very pathetic as we all know who follow this sector(s). I think the institutions are looking for a big economic slowdown next year based on the Fed interest rate increases(and more rate increases may be coming), so they are selling. There have been many "distribution" days in the technology area these past few weeks. The good news that we see every day is falling on "deaf ears" as far as the market is concerned. I don't know what or when this situation is going to change. Don

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