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 302.84+2.0%Dec 2 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (10440)7/5/2003 10:58:59 PM
From: Return to Sender  Read Replies (1) of 95515
 
Don, you and I have never been in more agreement. That said I do believe that short term these stocks could still rally higher again on a short term basis.

I have been expanding my own personal horizons to include technical and sentiment indicators. Here are some links to charts that may help show what I am talking about in terms of my expectations:

Buy signal still on for the SOX and SMH.

I doubt that semiconductor sales are about to explode higher. I do believe that the SOX and SMH could move higher this week on hopes for such an event.

Put/Call Ratio - TRIN and Put/Call Ratio/Vix Ratio - Effect on the SOX and SMH:

There is a seemingly direct effect seen with the rise of the put to call above 1.0 on the SOX and SMH. Also the TRIN when it rises above 1.5 on a five day moving average. Perhaps it does not work immediately but it shows up more often than not and both indicators have generated buy signals. Therefore the SOX and SMH are likely to move higher until these indicators fall. Low extremes for the put to call ratio are found with closes below 0.50. On the TRIN when we see the 5 day moving average below 0.85. At that time we would have sell signals:

investorshub.com

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News