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

To: Donald Wennerstrom who wrote (11485)	9/7/2003 8:56:29 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95610

Don, I thought I would post a couple of chart links that show exactly what you are seeing. The SOX did indeed under perform the NASDAQ last week: finance.yahoo.com I will say though that I do see more room for the SOX to rise on its monthly chart but it may be stymied for now at its 50 day moving average: stockcharts.com[h,a]maclyyay[d19960101,20031207][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 Longer term the SOX has wildly outperformed the NASDAQ and other major indices: finance.yahoo.com^SOXX&t=1y&l=on&z=m&q=l&c=^SPX,^IXIC,^DJI So does the SOX fall back towards the performance level of the NAZ, or take off for it's upper Bollinger Band on that monthly chart at 567, or maybe just simply move sideways for a while? I think we are seeing distribution at a short term top but so far there is no reason to expect any deep retrenchment technically. As long as we keep seeing higher highs and higher lows the uptrend is still intact. RtS