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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST
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To: Return to Sender who wrote (42944)1/23/2009 1:55:12 PM
From: The Ox   of 95574
 
Here's a few data points and most of the numbers are rounded for simplicity:

The initial rise out of the 2002 low was close to 400pts or 37% off the $COMP's low. The decline from this initial pop fell 175pts or 18% into the March 2003 low. Then it was nearly straight up for the rest of 2003.

So far, we've seen the 28% rise off the Nov 2008 low and then a 14% drop into today's low of 1434.

Very symmetrical...percentage wise...

TO
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