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

To: Gottfried who wrote (9352)	4/9/2003 12:18:46 PM
From: Return to Sender	Respond to of 95632

I'm thinking the SOX may take out slightly last week's low set at 295.99. The convergence of the lower Bollinger Band and the 50 day moving average at 294.40 and rising would be a likely place for a bounce: 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] If I see a ^STI.N reading above 4 (today) again (we have had a few of this big numbers lately) in conjunction with a greater sell off I would be inclined to be very short term long as we go into earnings reporting season. finance.yahoo.com^STI.N&d=c&t=1d&l=on&z=b&q=l table.finance.yahoo.com^sti.n&g=d 5 day readings above 9 can indicate and impending rally. 5 day additive readings of 4 or less suggest it is time to be short. Bob's right about one thing concerning the 200 day moving averages. They could lend support to some of the indices. So far though it has not been support for the SOX. RtS