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


To: Sarmad Y. Hermiz who wrote (6060)10/10/2002 10:17:14 PM
From: Return to Sender  Read Replies (1) | Respond to of 95378
 
Thanks for the kind words Sarmad. I'll agree that it is probably too early to suggest that something really important happened today but I also believe that rallies like this one can go on for quite a while. Maybe...

Today despite the big rally not every SOX component was able to score a gain. LSI was actually down. Every other component was up with TER up over 10% on the day:

finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+TER+TXN+XLNX&d=t

Among the Wennerstrom Semi Equips there were three stocks down but there were gains as high as 31% for low priced issue TGAL:

finance.yahoo.com^SOXX+QQQ&d=t

What GE has to say tomorrow morning will make a big difference for tomorrow's trading. Longer term until the Iraq situation is resolved I'm going to try to keep my trading account liquid.

RtS