SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (2041)2/19/2002 8:30:43 PM
From: Return to Sender  Read Replies (1) of 95737
 
507 on the SOX before a rebound? The SOX is in a downtrend that may continue the lower Bollinger Band. The booking increase was good but not good enough for further doubts to lead to more selling in my opinion.

From Briefing.com: 6:42PM Semi Equipment book/bill rises to 0.81 in January : The North American semiconductor book/bill ratio rose to 0.81 in January from 0.77 in December. Though an increase is better than a decrease, two factors argue against excessive optimism: some had expected a bigger increase (Salomon's estimate was 0.85-0.90), and the increase was due more to falling shipments than rising orders; orders only ticked up slightly and have been bouncing along the bottom since September

Six Month Chart of the SOX

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G

Yahoo historical Pricing on the SOX

chart.yahoo.com^SOXX&g=d

Thanks for the tables Don. I think we will get back in AMAT a bit lower. My game plan is to watch another couple sessions before making any moves.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext