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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST

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To: Return to Sender who wrote (53109)8/7/2011 2:49:37 PM
From: 2MAR$   of 95626
 
SOX ... thing of beauty there on daily is the 50 serving as R on this steady decline ...see what you mean , now we look at the 200ma on the weekly to serve as support @ 343 with lower support 328 then 320 as i see it .

Was only bullish briefly way back on big NVLS pop when it piqued my interest at that May low (oversold ), but that run was on possible take out ...when at the same time all the others , aside from Intel were displaying nothing but weakness from may on. Though KLA did get some traction trdaing briefly above the 50 this last month it has ridden the 50 all the way down for most of it .

Picking bottoms in the SOX sure isnt my specialty but always good with the tops tho ;)

(did buy AMAT off 12's ...what a miserable long that was , they were all shorts )
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