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

To: Return to Sender who wrote (3855)7/5/2002 6:30:59 PM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 95531
 
RtS,

I think you are right about the SOX resistance areas.

<<Briefing.com is forgetting that area of resistance altogether but I am not. Why worry about 450 if we cannot get through 405.>>

I think 405 has shown resistance in the recent past and could very well be tough to get through now. That may be what causes some tough going on Monday/Tuesday for the semi and semi-equip area. It would be nice to see a little pullback to gain a "breather" on Monday morning, then a nice rally through the 405 area on Monday afternoon with another closing high. I don't want much do I?<gg>

Don



To: Return to Sender who wrote (3855)7/5/2002 7:45:31 PM
From: Gottfried  Respond to of 95531
 
RtS, re >Can we get through that area?< A PnF chart makes it clear that getting to 408 would be a SOX 'buy' signal. stockcharts.com
[All those Xs were added TODAY]
SOX and AMAT had low pole reversals which are bullish. An explanation Message 17698550

We'll see Monday.

G.


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