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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST
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To: Donald Wennerstrom who wrote (15264)5/19/2004 6:47:51 PM
From: BWAC  Read Replies (1) of 95616
 
Two things I note in that valuable chart:

1.)The Totals for the current uptrend has exceeded the 'aborted' recovery in early 2002. But more importantly that Total isn't even 1/2 of the Bookings Total in each of the last 2 'more normal' cycles on '95 and '97. (I'll just ignore '99 and '2000)

2.) 8 successive periods of increases. The exact same as the early 2002 'aborted' recovery. Hmmmmm? Wonder if we get a 9th successive increase if the analysts use that single event to jump back on the bandwagon for what they might then perceive to be an extended cycle?
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