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


To: Return to Sender who wrote (8254)1/28/2003 10:29:54 AM
From: michael97123  Respond to of 95748
 
rts
Market is going to have to make the determination on what will happen post war or post no-war period. For the past couple of weeks market was saying excactly what it said before gulf war. But we are so low now and the economy is creeping out of this morass and a quick victory will be so bullish for the economy that Mr. Market may rally before the event or at least range trade. I think the doom and gloomer may be looking at this years events with last years glasses on. But i am not betting that this rally will hold. We may need a few days of stability first. mike



To: Return to Sender who wrote (8254)1/28/2003 10:48:57 AM
From: robert b furman  Read Replies (1) | Respond to of 95748
 
HI RtS,

I just have to believe with everything stalled by possible war this bounce is half hearted and shorts are selling into it hard.

We've broken all 200 ma and all past supports.

This is a valiant struggle - but I think more time must endured.

We're gonna have a washout bottom in some stocks and those in stronger hands will retest and or no trade or light trade.

Way too many questions for a rally to drive stocks up with a silent demand for stock when it looks to me like a lot of supply is coming on stream from the short side.

JMHO

Still a great setup for averaging down and a very good possibility of the leg up actually being one with longer legs.

Bob