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


To: The Ox who wrote (13521)2/23/2004 4:32:34 PM
From: Return to Sender  Read Replies (1) | Respond to of 95765
 
I was just trying to point out through someone else's well written efforts that even large caps in technology have already corrected quite a bit.

I won't even begin express an opinion on how much more correction will take place from here if any. I just don't feel good about buying any stocks right now based on the other indicators I follow.

The SMH/SOX and almost all the stocks we follow are technically more than oversold enough to move back higher now. I just don't see any reason to rush to buy just yet.

Things could change drastically in a day or two but maybe not.

RtS