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To: advocatedevil who wrote (5064)	4/12/2003 9:52:44 AM
From: Return to Sender	Read Replies (1) \| Respond to of 13403

OT: AD, the SOX is weak. BPNDX dropped one for the first time in a long time. investorshub.com The SOX is also oversold looking at the stochastics. 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] So we could get a bounce but I cannot see it lasting too long. I got back early enough on Friday to have a chance to buy AMAT back long at 13 again but I did not. Although I think the SOX could go either way from here early next week I don't believe the SOX cannot run too much higher with the VIX falling so low. Even though the VIX is low I think the VIX could go as low as 26 and change setting up a triple bottom. Iraq aside there is still plenty to worry about in this world of ours: 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 When the VIX starts rising again the SOX should fall as it has done in the past: finance.yahoo.com stocks.internetnews.com The SOX hit a lower low on Friday than Thursday. AMAT did not even though there was a downgrade of the stock. I will be interested to see how the index and stock act on Monday. If it falls enough I would go long because we are still in April and there is a chance of something of a rally when we are this oversold on the stochastics. But I would not stay long too long because we have not hit market valuation levels that reflect bear market bottoms in my opinion. BTW we are starting to see some more new bear market lows for stocks in the semi equipment group like BRKS: 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 stockcharts.com[h,a]maclyyay[d19960101,20030307][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