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Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

Dec 2 4:00 PM EST

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To: Return to Sender who wrote (53632)	9/9/2011 4:26:07 PM
From: Jacob Snyder	3 Recommendations Read Replies (2) of 95515

<Is the probability of a recession fully factored in?> Probably not yet. But I've had Bloomberg mumbling in the background, all day, and they've been discussing the possibility of a double-dip recession, the odds and effectiveness of QE3, whether Greece will default this weekend, etc. I don't think I've heard a single piece of bullish news, or any bullish commentators. I'm betting we are close to a ST bottom. Look at the VIX chart you recently posted: where would you add the next "go long!" arrow? Even with today's sell-off, we are still in the upwardly-sloping channel:

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