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


To: Sam Citron who wrote (4024)7/15/2002 8:40:46 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95432
 
Sam,

Thanks for the reasoned response. As you point out, we should know by tomorrow's close how things are going, although some of the AH earnings reports may have a big bearing on the rest of the week's action.

I am going to be watching your prediction - down 150 - very closely. If you are right on the money again, will you hire out to be my "guru"? We could undoubtedly be "rich" in no time.<gg>

Don



To: Sam Citron who wrote (4024)7/15/2002 9:05:22 PM
From: Gottfried  Read Replies (2) | Respond to of 95432
 
Sam, here's a chart of the Dow for the eighties djindexes.com

G.



To: Sam Citron who wrote (4024)7/15/2002 10:15:32 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 95432
 
RE: "Everyone, and I mean everyone, had already sold out in the water-torture bear market..."

I assume you mean everyone who was anyone. I, on the other hand, had the highest percentage ever of my net assets invested in the stock market.



To: Sam Citron who wrote (4024)7/16/2002 4:07:32 PM
From: SpecialK  Read Replies (1) | Respond to of 95432
 
[My prediction tomorrow: down 150]

Good job, Sam! Guru status is near. Down about -164 today.

So what will tomorrow bring? There is fear over what Intel will say and what Microsoft will bring on 7/25. I thought that markets would rally with earnings, and the techs have started in the last week or so. The Dow is down big.

My thinking of timeframe is shifting to rally starting on 7/25 or 7/26, as the news will be out and with the likelihood of all bad news being priced in.

As long as the Nasdaq holds above 1250 or so, for the rest of the month, things are looking brighter for the Nasdaq. I recall this as a major support area back to 97 or so (of course my memory may be bad).

Ketan