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

To: Return to Sender who wrote (8345)	2/1/2003 5:23:14 PM
From: Gottfried	Read Replies (1) \| Respond to of 95748

RtS, don't confuse investment advisor bullishness with complacency of investors. The advisors can afford to be bullish because their money is not on the line. Small investors are plenty fearful. [as per AAII survey] Gottfried

To: Return to Sender who wrote (8345)	2/1/2003 5:39:08 PM
From: Return to Sender	Respond to of 95748

Support and Resistance Levels DJIA: Support at 7900 - Closed at 8053.81 Resistance at head and shoulders neckline of 8250 Should support fail at 7900 then 7200 the Oct low possible. stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G NASDAQ: Support at 1320 - Closed 1320.73 head and shoulders neckline Resistance at 1375 which is the 50 day EMA Should 1320 fail next support may be at 1265 or if that fails all the way down to 1110. stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200!c50][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G SPX: Support at 840 - Closed at 855.70 Resitance at the head and shoulders neckline of 870 Should 840 give way look for possible support at 770 stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G SOX: We need to regain support at the neckline of 285 - Closed at 271.73 Resistance at 285, 301 and 306 beyond that. Some support at 245. Definitely at 210 the October low although the head and shoulders pattern suggests that we go even lower if we do not regain 285 soon: stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G RtS

To: Return to Sender who wrote (8345)	2/1/2003 9:06:51 PM
From: robert b furman	Respond to of 95748

Hi RtS, I just spent the day at a TCNET seminar and finally learned how to use Fibinacci lines,arc,and fans.I needed that!gg I also want to thank you for posting the excellent analysis that posts like 8345 represent - they are exactly on the money. I've updated the fibs and necklines on NAZ,DOW and S&P.During intraday calls these levels are recorded now- for fast access. I have a sneaking feeling this market is going to get fast and furious,or we have reversed on the S&P,DOW with a reversal on the 61.8 fib line.Maybe a bounce - maybe not.Maybe a test on the October lows - maybe not. Naz has held the best - I really hope the DOW and S&P retest and NAZ gives us the insight.I bet The NAZ gets really close or violates the October low- that's the worst case scenario. If the NAZ is to be the REAL surprise and lead then a higher low will complement the higher high the NAZ put in on 12/02. Fridays low breaking below 12/31/02's low gives us reasonable expectations to expect 1108 to once again bless us. If 1108 comes up it WILL PROVIDE the VIX spike put/call ratios and more. It is definitely time to keep one's powder dry! We could very well have a powerful turn here - but still the oversold hasn't flatlined and gotten sickening. With AMAT's confession the rest of the SCE's can only ride the tide - unless company specifics are exceptional and I think it will take earnings to confirm that. If Monday busts the 61.8 fib on the Dow and S&P - the NAZ will get there quick enough and Octobers lows will be the next reasonable focus to watch. Just for a summary that would be: NAZ @ 1108 S&P @ 768 DOW @ 7197 Thanks again for your great posts Bob