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Technology Stocks : Semi Equipment Analysis
SOXX 306.14+0.4%Dec 24 4:00 PM EST

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To: Donald Wennerstrom who wrote (29373)3/15/2006 11:14:43 PM
From: Return to Sender  Read Replies (2) of 95632
 
It is not a negative. At long term market bottoms we see bears outnumbering the bulls in the Investors Intelligence Poll. So yes the market can go higher. Especially the NASDAQ since it is not yet as near to overbought.

As for market breadth?

investorshub.com

It's not all bad but there are negative divergences.

investorshub.com

investorshub.com

Does no one want to discuss this chart?

martincapital.com

It is saying to me the same thing the yield curve did which is lighten up on the rallies here. The FED is going to go too far. Don't be one of the small investors left holding the bag.

JMHO, RtS
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