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

To: Donald Wennerstrom who wrote (10679)	7/21/2003 9:55:36 PM
From: Gottfried	Respond to of 95478

Don, >possibility that tomorrow will be an "up" day.< I'd change that to "possibility that tomorrow will start up". :) Gottfried

To: Donald Wennerstrom who wrote (10679)	7/21/2003 10:14:37 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95478

I do think we will start up tomorrow but I'm not sure we have fallen enough to see a sustainable rally. The good thing is the low volume on the selling from the bullish standpoint. But so far neither the put to call ratio nor the 5 day TRIN is indicating even a short term sustainable rally. The BP Indices and numerous sentiment indicators are all overly bullish still. So for now I'm just short term trading. Long or short this market is scary to me. RtS