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


To: Gottfried who wrote (6525)10/29/2002 11:04:37 AM
From: Return to Sender  Respond to of 95541
 
Looks like we may get a bounce off of 1280 mentioned in an earlier post today about the NASDAQ here. I have to admit that even I am surprised by the quick descent this morning. Many of the stocks which have performed so well have already moved below 10 day moving averages and were heading towards the 20 and 50 day EMA's.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

The SOX still has a postive bias in my opinion unless it closes below 273.40 which is currently the 50 day moving average.

RtS