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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%Dec 8 4:00 PM EST

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To: Return to Sender who wrote (50936)1/23/2011 8:41:58 PM
From: Donald Wennerstrom2 Recommendations   of 95536
 
RtS, Since the March 09 bottom, the SPX is up a little over 90 percent. This is good performance in a little under 2 years, and as you expect(I do too), that this will be another up year, a fall below the Mar 09 low will be a long way to go. However, this event is certainly not impossible. A lot of things could go "wrong" in the U.S. and World to enable this to happen.

If another down leg of this magnitude should happen, the rest of the World markets will probably be there right along with the U.S. The chart below is borrowed from the dshort website showing how the major World indices compare to the SPX since the Mar 09 bottom. Notice the different peaks in valuation for the various indices. The most notable is the Shanghai which peaked in Jul of 09 and is about 1/2 of what it was then.

dshort.com

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