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

To: Gottfried who wrote (5048)	8/24/2002 3:40:22 AM
From: Warpfactor	Read Replies (2) \| Respond to of 95560

Gottfried, Reading the other boards you would think todays drop represented hells bells, launching our one way trip down the river Styx. Look at any major index, we still haven't dropped as far as even the 10-day moving average. Getting tough to be bullish these days. Warp

To: Gottfried who wrote (5048)	8/25/2002 3:09:18 PM
From: Donald Wennerstrom	Read Replies (2) \| Respond to of 95560

The bpNDX data you have been posting seems to be a very good indicator of market action. It has been increasing and the "market" has been increasing. With the sharply down day for the market on Friday, and the bpNDX increasing to 60 percent, it seems we have a well defined divergence in this indicator compared to market action. It will be interesting to see in the next few days what will happen to the "market" direction compared to the direction of bpNDX. By recent past history, bpNDX going up on Friday would indicate a market "recovery" in the next few days unless it all of a sudden reverses itself. Thanks for posting the data every day. Don