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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: Return to Sender who wrote (28223)1/25/2006 1:54:36 PM
From: Donald Wennerstrom  Read Replies (3) of 95640
 
RtS, Going along with your thought,

<<The market right now could either be undergoing a consolidation in advance of another leg up or something much worse.>>

For the last 5 days, and more actually, the SMH has been falling. AMAT, INTC, and TXN compose almost 50 percent of the value of SMH. These stocks have been "tanking" as well as shown in,

finance.yahoo.com

Over the last 5 days, SMH is down a little over 4 percent. AMAT, INTC, and TXN are all down between 6 and 8 percent. The question is? - will these stocks find a bottom here, or start another leg down.

Don
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