Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

+1.1%

4:00 PM EST

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To: Gottfried who wrote (42843)	1/20/2009 9:22:59 PM
From: robert b furman	Read Replies (1) of 95536

Hi G, It is pretty hard to come up with anything positive in your charts except it looks oversold. One un deniable observation - never has the billings and booking lines actually intercepted eachother with out a reversal of fortunes very soon after occurring. Some time bookings bottomed and reversed into billings and other times they sloped down together. In all cases a reversal of fortunes soon reversed and good times were confirmed. I'm thinking if we superimposed those interception points on top of your BP% we'd be with 30 to 60 days of a major bottom. CAN YOU SPELL BUY!!!!!!! Bob I know - It's different this time.<smile>

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