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

To: Return to Sender who wrote (8410)	2/3/2003 10:01:16 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95761

Technical Analysis: Consolidating At The Lows by Paul Shread internetstockreport.com February 3, 2003 - The Nasdaq (first chart below) is still clinging to critical support at 1320. 1300 is first support below that, and then 1263-1273. 1332-1335 is resistance. The Dow and S&P (second and third charts) have gone nowhere while stochastics have moved back to the midrange; this consolidation at the lows to relieve oversold conditions is a good hint that the market has more downside ahead. Critical support is 7902.60 and 7850, and critical resistance is 8200-8250. The S&P has critical support at 839.50, and 865 and 875 are critical resistance. Finally, before you get too excited about today's very high equity-only put-call ratio reading, the bulk of those puts appears to have been a very complex trade executed by one large player. Without those 230,000 puts, the ratio appears to have come in at a very bearish 0.40. I also found more on the high equity put to call ratio in a post by Softechie. Thanks Softie! Message 18530943 RtS

To: Return to Sender who wrote (8410)	2/3/2003 11:51:03 PM
From: robert b furman	Read Replies (1) \| Respond to of 95761

Hi RtS, Thanks to Kirk on Da Chief's thread:http://www.siliconinvestor.com/readmsg.aspx?msgid=18531316 I wonder if Nazdak's reversal in the Stochastic doesn't signal that the NAZ wikk join both the S&p and Dow at their respective 61.8 fib lines? Chief says reversal on wednesday - don't we all know that Csco can break or jump start this market. Earnings won't be important but it's "The vision stupid - the vision" I will be surprised to hear it is better - but then that is where reversals come from - the blind side. Csco always was the one to recover first?? Still Saddam to deal with?! - me I'm keeping my powder dry - and I'll be watching both Mr Softee and Csco tomorrow. Mr Softee - long legged Doji and a LONG way from +DI crossing over -DI:http://stockcharts.com/def/servlet/SC.web?c=msft,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pref=G Csco:http://stockcharts.com/def/servlet/SC.web?c=csco,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Ll14]&pref=G Ditto - but I've seen the 200 provide support before??