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

To: SpecialK who wrote (4067)	7/16/2002 5:21:19 PM
From: Sam Citron	Read Replies (3) \| Respond to of 95432

Ketan, I'll take chela status any day. Gurus smoke their own PR too often and it messes up their objectivity. As someone noted, 7 down days in a row harkens back to 1984. But I just don't see much chance of real capitulation before October or December, as investors start to reckon the books and decide whether and how much they are willing to pay to play. Here's the chart for tha Naz over the last decade. bigcharts.marketwatch.com Maybe you can show me the support that you see at 1250, because I can't find it. The relative strength we have seen in the Nasdaq for the last couple of days may be encouraging to some, but it could disappear in an instant. I don't have much faith in magic numbers anyway. Sam