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Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

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To: Kirk © who wrote (32534)	9/11/2006 6:12:46 PM
From: Return to Sender	Read Replies (1) of 95616

Just in case anyone might think I'm totally ruling out the possibility that Kirk's guess is right that the market has already bottomed let me clearly state that I am not. We have already seen a correction of 8.1% in the S&P 500 this year. While this would be the smallest cyclical decline from peak to trough since 1942 (and the shortest duration) it is possible that when the market bottomed (S&P 500) in June of this year it may have formed a bottom for this cycle. Only time will tell and that's not a guess at all. RtS

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