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

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To: Donald Wennerstrom who wrote (28226)1/25/2006 3:17:45 PM
From: Return to Sender  Read Replies (1) of 95640
 
Don, I am waiting for the SMH to reach an RSI of 30 again before considering becoming a buyer.

investorshub.com

I'm thinking the first test of the lower Bollinger Band with an RSI of 30 will lead to a failed rally and a lower bottom with positive divergences.

In other words we have a while to wait for what I hope will be a good buying opportunity. But I may trade the first bottom short term.

RtS
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