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

To: Warpfactor who wrote (5053)8/24/2002 10:44:38 AM
From: Return to Sender  Read Replies (2) | Respond to of 95541
 
The SOX closed at 336.27 which is below its 20 day moving average of 338.20:

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20][vc60][iUb14!Uk14!La12,26,9]&pref=G

Volume was light on this big 5.88% drop yesterday after the loss the day before. This of course comes after a light volume large percentage rally the last few weeks which never got the SOX over the hump in my opinion.

RtS



To: Warpfactor who wrote (5053)8/25/2002 11:57:43 PM
From: Sarmad Y. Hermiz  Respond to of 95541
 
>> hells bells, launching our one way trip down the river Styx.

Hey Warp, just what are "hells bells" ? Is that like shades of hades ?

Anyway, I share your skepticism of the bearish sentiment. The dollar is steady, and unemployment is not getting worse. Fund flows are positive. The one negative is price of oil, but that is political, not economic.

I vote for a reversal to up side on Monday.

Sarmad


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