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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST

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To: Return to Sender who wrote (6363)10/21/2002 9:00:37 PM
From: Gottfried  Read Replies (1) of 95525
 
RtS, I have this half-baked idea that even a rise that is partly given back makes the stock stronger. This must be why PnF can only be updated once intraday. If a rise allows an X to be added in an X column, that X stays. the next change must wait for the next day and if it's a down change it requires a greater effort, since reversals [from Xs to Os] must be 3 boxes.

The main bullish percent indicator, bpNYA [or bpNYSE on Dorsey's web site] has reversed back up. This happens infrequently and is bullish for the market. Here's bpNYA stockcharts.com
Last time it turned up into Xs was early August as far as I can tell.

Gottfried
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