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Technology Stocks : Semi Equipment Analysis
SOXX 343.07-0.5%Jan 26 4:00 PM EST
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To: Return to Sender who wrote (472)4/26/2001 5:50:36 PM
From: Donald Wennerstrom  Read Replies (2) of 95765
 
RS,

Hope you don't mind my posting here.

Not at all, as a matter of fact - thanks for stopping by and contributing.

Since I am a little behind in responding to your post, several others have already done so - that's good! I might add one thing however, you can put both the NASDAQ and SOX on one chart at the "big charts" site. Just look at the left side of the page and look for the block "compare to". Put in the symbol, punch the proper button(s) and it should come up. The following link is the comparison. In shape, the 2 curves look pretty much the same, but the SOX has held up much better than the NASDAQ.

bigcharts.com

Looks like you are trying to make an determine if we have hit bottom and are ready to spring higher. I guess the question is do you think if we get a couple weeks of consolidation (selling) that the time will ever be any more ripe for investment in semiconductors on this current cycle?

Like many posters, I think we are still searching for another "bottom" in the near future prior to more gains. As you can see by the recent table postings, the semi-equips are quickly becoming rather "pricey" in the short term.

Glad you are on board and posting.

Don
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