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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: Jacob Snyder who wrote (53671)9/12/2011 11:31:14 AM
From: Kirk ©   of 95531
 
The time to buy is when everyone hates a stock or sector so the more bearish articles the better. The index, XLF, is testing a MASSIVE inverted head and shoulder neckline from above. Been tracking that neckline breakout for almost a year and now it is back... so I added.

"Recent trading" 

                    #     Price    Comm       Total
05/06/03   SELL   -150   $23.95    $15.00    $3,578        
10/05/04   SELL   -100   $28.20    $15.00    $2,805 
01/15/09   Buy     300   $9.72    $12.00    ($2,928)  
08/05/09   SELL   -150   $14.00    $12.00    $2,088        
08/09/11   Buy     300   $12.50    $10.00   ($3,760)


Prices for many banks below tangible book might ALREADY be pricing in European default
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