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

To: Return to Sender who wrote (12844)	12/29/2003 2:18:19 PM
From: Gottfried	Respond to of 95597

RtS, when you think about the NDX high: NDX can go higher when stocks already on a PnF 'buy' signal rise further [this does not alter bpNDX]. You knew that. My comment is mainly for other readers. PS: bpNDX is up one to 70% intraday Gottfried

To: Return to Sender who wrote (12844)	12/29/2003 4:44:17 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95597

RtS, <<also manages to close at a new 52 week high above 2000 soon.>> Well we did it - close above 2000 that is - the last hour was really a "barn burner". Not only did we close above 2000 - it was a "piece of cake". Everyone is busy trying to "get on board" before "liftoff" during the first week or two of January before the bulk of the new investment funds come into the market. Actually, I think some of the new money started "trickling" into the market today. It will only get larger as we get closer to the New Year and on into the first weeks of January. I have read many notes, articles, whatever, the past few weeks about how the market is going to respond to the oncoming new year. Some of the input has been quite negative, saying their will be little or no "January effect" this time. I sure liked the action today - particularly the last hour - I vote for a good 2 to 3 weeks going forward. the SOX had a good day today - up almost 12 points, or 2.4 percent. As pointed out in the post of yesterday, Message 19633785 The Group, SOX and NASDAQ have done very little since the "local" high on 9/8 this year. Today was a good day for all three indices including the new yearly closing high for the NASDAQ. As always, the market will do what it is going to do, but it looked to me like a good 2 to 3 weeks going forward is a very likely scenario. FWIW, Don