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

To: Cary Salsberg who wrote (6553)	10/30/2002 8:38:03 PM
From: Nutty Buddy	Respond to of 95536

Stocks with positive weekly MACD and positive 50 day EMA trend on the rise in each table. Today's stats are the strongest in over six months for the broader market (my 250 list). Intermediate term moving average relative strength tables updated: (Tables best viewed with Internet Explorer) Semiconductor Equipment Stocks: home.mindspring.com Semiconductor Manufacturing Stocks: home.mindspring.com Exchange Traded Funds: home.mindspring.com 250 Stocks I Follow: home.mindspring.com ________________________________________________________ Semiconductor Equipment Stocks Price To 50 and 200 Day EMA: home.mindspring.com Buddy home.mindspring.com

To: Cary Salsberg who wrote (6553)	10/31/2002 10:10:02 AM
From: Return to Sender	Respond to of 95536

From Briefing.com: Chicago PMI weaker than expected. The decline in the index to 45.9% was below the consensus of 49.0% and even more disappointing relative to some pre-release rumors of a 54% number. The ISM number tomorrow carries more weight than a regional index, though clearly this weak reading increases the risk of disappointing numbers from Employment and ISM. Dow falls to -21. This may actually be good for the market today because it increases the chance that the FED will deliver a 50 basis point cut next week. Remains to be seen of course but honestly these are not the kinds of numbers that indicate an imminent economic recovery. If as you suggest the market is looking further out then these numbers may not matter at all. Anyway, I have little doubt that you will ultimately be right. There will be a bottom and an economic recovery to support much higher stock prices than we have currently. I'm just not sure the bottom has been seen yet. I'm also not sure that any "material change" (as Breifing.com suggested) has taken place to support a longer term bull market. RtS