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To: Shack who wrote (3483)	11/5/2002 12:43:50 AM
From: ajtj99	Respond to of 29594

Here's the scan for early Jan 2002 from Les: siliconinvestor.com SOXX was at a similar level then. Here's the Dec. 5 2001 high with higher levels on the SOXX: Message 16824451

To: Shack who wrote (3483)	11/5/2002 12:45:52 AM
From: Les H	Read Replies (1) \| Respond to of 29594

Most of the tech indices (SOX, NWX, YLS, GSO, ...) have been extended above the upper trading bands for the last couple days or more. The 50-day percentage is in the range for usual bull market peaks: 75 percent or more. They did sell off financial stocks (IXF), retail (RLX), oil (OSX), and food, consumer, and defensive stocks. Defense (DFX) is near 52-week lows also. Homebuilders look like they're all about to break above downtrend lines with Greenspan's help.