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


To: Donald Wennerstrom who wrote (13790)3/8/2004 3:30:23 PM
From: michael97123  Read Replies (2) | Respond to of 95406
 
Don,
Can we have already had the real tech correction with the rest of the market reaping the benefit because cash is not the place to be? The low volume decline friday and today is excaserbated by the employment numbers which have fueled this bond market rally sucking up more funds. I am looking intc, csco, amat here. Unless the recovery itself is in danger, we are at the end of this decline. We need a positive piece of news to trigger things. Maybe TI will take a bold stance today, but i dont expect that. Mike



To: Donald Wennerstrom who wrote (13790)3/8/2004 3:36:25 PM
From: BWAC  Read Replies (1) | Respond to of 95406
 
Just wait til they sell the TXN news tonight........<NG>



To: Donald Wennerstrom who wrote (13790)3/8/2004 4:06:57 PM
From: The Ox  Read Replies (3) | Respond to of 95406
 
The SCEs are taking the blunt end of the beating. Most are off 3% to 7% on a day when the leaders were upgraded. Volume did not seem very high for this type of a downdraft, so more weakness should not be surprising.

Similar to what mike said in his previous post, it looks like the market is starting to price in another recession. Would this be the double dip that many of the bears were calling for last year?