Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: willcousa who wrote (9379)	4/10/2003 1:34:41 PM
From: Return to Sender	Respond to of 95652

>So is this a bear market or a terror-induced bump in a bull market?< In the words of my favorite bad boy tennis player of all time John McEnroe: You can't be serious!!! <ggg> <SNIP>Chart 4 is of the I-Share Semiconductor Group (IGW). I had commented earlier, and in the Chart Room on the web site, that I have been uncomfortable with the way this index is behaving. For those who follow Elliott Wave, if the attached analysis is correct the message is clear. My analysis suggests that this index will quickly fall below the October 2002 low. IF my Elliott wave is correct (IF because Elliott Wave always has a level of subjectivity) then I would expect this index to begin to GAP down and break the February support as if it wasn’t there. If the semiconductors show us more strength than that, then it’s likely my analysis is incorrect and the potential for sideways (not up) action will take front seat. thetechnicalview.net stockcharts.com Many thanks to Les Horowitz who posted these links first. RtS