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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sarmad Y. Hermiz who wrote (3838)7/3/2002 7:16:53 PM
From: Return to Sender  Read Replies (1) | Respond to of 95546
 
The SOX has critical resistance at 405. The trading today was nice because we did see a lot of large caps gaining. Short covering, institutional buying and a lack of sellers all helped but mostly the VIX got back over 35
and buyers stepped in. The rally could last a while but 405 is going to be a tough nut to crack.

It's really that simple.

JMHO, RtS