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Technology Stocks : Semi Equipment Analysis
SOXX 330.35+0.5%Jan 12 4:00 PM EST

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To: Gottfried who wrote (31309)7/8/2006 1:25:35 AM
From: Donald Wennerstrom  Read Replies (2) of 95708
 
It looks like $bpNDX is really struggling to find the upward path. It appears to be much more difficult than the last 2 times it has been this low and began the recovery process.



The bottoming process this time is nearly 2 months old at this point. Not sure when it will bounce back. The other low shown in the chart was only about 4 to 6 weeks wide when it made a nice comeback.

Don
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