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 306.28

-1.0%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (3621)	6/22/2002 6:29:24 PM
From: Return to Sender	Read Replies (2) of 95525

Lets see what really happened on October 8th 1998 and see if we could have seen that as the actual bottom and a real reversal point. stockcharts.com[l,a]mhclyiay[d19950101,20020622][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G To me it was not clear without the confirmation that came on October 9 by the chart and opening and closing prices alone. chart.yahoo.com However by looking at the VIX at the time one could have predicted the bottom on October 8 1998 as it reached 60 on that very day! chart.yahoo.com What I am suggesting is that when we see the VIX above 50 again we will definitely see another bottom well worth trading long. Perhaps worth holding long stocks much longer term too! High volume also confirms the turn as Don shows here: chart.yahoo.com Thanks for making me dig deeper Don. This information proves we can find the bottom this time around too IMHO. RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next