Semi Equipment Analysis Message Board

STOCKTALK

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 270.83

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (2746)	4/14/2002 11:35:28 AM
From: Return to Sender	Read Replies (2) of 95463

>what we're seeing here is a pivotal inflection point< I agree Bob. INTC looks good for a turn higher if we look at the Bollinger Band alone. Unfortunately there are a few other stocks within the SOX that don't look quite so good on the weekly chart as INTC. On the weekly chart it becomes clear that another fall to 500 on the SOX is possible if we do not get strong guidance from TXN, NVLS and INTC on Monday and Tuesday of this week: stockcharts.com[h,a]waclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G Here are the components of the SOX as of Thursday all lined up in Yahoo Charts. Tomorrow morning you will be able to see Friday as well: finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+TER+TXN+XLNX&d=c&k=c3&t=3m&a=r14&p=b%2Cv&l=on&z=m&q=c I guess I am getting a little skittish after watching the market reaction last week to the earnings that were announced. If we get good guidance you will be right; We will head right back up to the upper Bollinger Band. Anyway, great post on your part! INTC is a definitely going to need to take the lead here in order for the SOX to move back towards new post 9/11 highs. That could easily happen but if guidance is weak in the least then INTC could reach an RSI in the 30's again and head back to the mid to low 20's. RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next