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

To: The Ox who wrote (5902)	10/7/2002 3:31:46 PM
From: michael97123	Read Replies (1) \| Respond to of 95501

Michael, Its really so sad. mike

To: The Ox who wrote (5902)	10/7/2002 3:53:21 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 95501

These drops are beginning to lose their shock value, to me at least. It is to the point where an up day(where gains can be kept) would really surprise me. I have absolutely no faith in the market anymore. BK

To: The Ox who wrote (5902)	10/7/2002 4:53:45 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95501

Great post Michael. The VIX closed today at 49.18. Its highest close since the July bottom: stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9]&pref=G Unfortunately we do not have the corresponding high volume delineating panic to signal a bottom yet. The analysts seem to be doing all they can to create enough panic to get a bottom put in for us this week. What are the chances that the market will react well to President Bush's speech tonight? I sure wish we had seen 2.2 billion shares traded on the NASDAQ today instead of 1.22 because I am itching to go long but not just yet. I'm going to let that itch go unscratched just a little while longer because despite the high VIX readings we are further away from capitulation than we were in July at that short term bottom. Oh almost forgot<gg> All the above is in my not so humble and all too often wrong opinion. RtS