SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 306.55+0.4%Oct 31 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (93027)9/20/2024 8:38:34 PM
From: Return to Sender   of 95335
 
I think the two 80% Upside Days are marginally significant if the market believes as I do that we will not have a recession.

I definitely believe that after a prolonged Bear Market that a 90% Upside Day or 2 80% Upside Days in close succession is a Hallmark of the beginning of a new Bull Market.

recessionalert.com

We are not in a Bear Market now. SOX related stocks have seen on the whole another 20% haircut. If the SOX takes the lead in the market then we will be headed much higher.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext