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Technology Stocks : Semi Equipment Analysis
SOXX 295.15-2.3%4:00 PM EST

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To: Donald Wennerstrom who wrote (36152)10/7/2007 6:24:37 PM
From: Return to Sender  Read Replies (4) of 95391
 
Don, what happens if the SOX takes off? It's pretty simple isn't it. Technology stocks and the NASDAQ really take it to the next level.

The SOX is way off its all time highs.

The NASDAQ is too unlike the INDU and S&P 500. The FED and our Federal government both seem to be extremely likely to do all they can to stimulate the economy with an upcoming election year.

So the market can go higher and may very well be led by the SOX. Technology is always a leader early in an economic expansion. JMHO which I think the charts I provided support despite valid concerns to the contrary.

Message 23946709

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As always JMHO's, RtS
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