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

To: Sarmad Y. Hermiz who wrote (11795)	9/24/2003 9:34:04 PM
From: Donald Wennerstrom	Read Replies (2) \| Respond to of 95530

Sarmad, There were 2.2B shares traded on the NASDAQ today - truly a day of distribution. One day does not make a market, but it does give me a little pause. I just finished reading a post by Les on his thread that is truly something to take into consideration - it has to do with mutual funds buying into stocks recently, as well as the huge increase in margin debt. Message 19340121 I urge everyone to read the "message" - it is relatively short, and there is a very interesting chart therein. It highlights the fact that a lot of money has been, and is presently being, poured into this market - basically, what happens when all that money is in the market and no more is available to keep bidding stocks up to ever higher prices. I think they may have a point. Anyway, as you point out, we are going to find out pretty soon which way this will be resolved. Don