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


To: Cary Salsberg who wrote (6681)11/3/2002 10:49:52 PM
From: Return to Sender  Read Replies (1) | Respond to of 95531
 
Cary, let me just say that I believe that while you could be right it is also possible that a lot of bad news is currently being ignored. Hence the 46% rise off the most current bottom for the SOX.

Take a look at this theoretical chart of economic cycles based on Sam Stovall's S&P's Guide to Sector Rotation. It suggests that we are for all intents and purposes in full recession:

stockcharts.com

Of course this chart has been stuck in full recession for like two years. And it's still not at the bottom.

RtS