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

To: Return to Sender who wrote (6437)10/24/2002 9:49:33 AM
From: Sarmad Y. Hermiz  Respond to of 95531
 
>> You may want to pay close attention to the diminishing volume on rally days though because falling volume does not support the hypothesis that this is anything but a bear market rally in my opinion.

I agree with you the volume bears close watching. But I also wonder if the low volume reflects the lower day-trading activity, and does not indicate lower real investment.

Of course the whole long case is built on economic growth. If that stalls, then my goose and funds are down the toilet - again.

Sarmad



To: Return to Sender who wrote (6437)10/24/2002 4:17:20 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 95531
 
RtS, The bears managed to douse a pretty good rally in tech today. I guess the employment data was forgotten as the day wore on.

edit. maybe this is the explanation.

from the report.

"The Labor Department said there were issues with seasonal adjustments that may have skewed the numbers. In addition, the Oct 14 Columbus Day holiday may have had a bearing on the sharp fall in the Oct. 19 week. "


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