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To: patron_anejo_por_favor who wrote (3160)5/22/2001 7:15:19 PM
From: The Freep  Respond to of 209892
 
You do realize that the SOXX will rally like nobody's business once everyone figures out that the .42 BTB means the bottom MUST be in <g>

Actually, the bottom of the book-to-bill might very well be in, and growth might resume, but from such a depressed level that it seems like the semi stocks are quite overvalued (again). The question is. . . when does that hit home? It would seem boggling if the Naz runs up on this news, but I guess if it's interpreted (again) as the worst is over. . . .

that's one sucky number.

the freep, who uses "sucky" very infrequently



To: patron_anejo_por_favor who wrote (3160)5/22/2001 8:08:13 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
.42! Man, that's horrible.

As we've said a few times, the SOX here is at the edge. A close over 720 and it's free to run. Lots of resistance where it is right now.

May just be able to put in a high by late tomorrow as BC outlined.