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Technology Stocks : Semi Equipment Analysis
SOXX 296.74+1.8%Nov 28 4:00 PM EST

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To: Gottfried who wrote (3880)7/8/2002 8:50:39 PM
From: Return to Sender  Read Replies (4) of 95487
 
SOX double bottom. Up or down from here? Vote here please:

In September 2001 we all remember the SOX hit a bottom of 343.93. Last Wednesday the index hit 343.72 and almost immediately ran higher before running into trouble today.

But take a look at this chart and you will note that in September the index did not rise from 343.93 without a fall below 350 again in early October.

stockcharts.com[w,a]dhclyiay[pb50!b200!d20,2!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G

chart.yahoo.com

So will the double bottom hold?

Lets liven up the thread with a vote!

RtS
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