SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (31313)7/8/2006 12:16:27 PM
From: Donald Wennerstrom  Read Replies (2) of 95735
 
Kirk, I think most of us who follow the market rather closely are just waiting for the turn around. The economic indicators all show a very good economy, predictions for the most part are good - look at the SIA forecast for instance for the next 3 years - but at the moment it doesn't matter. The "market" is in a funk where "good news" is considered "bad news", and "bad news" is considered "bad news".

We had another lousy week this past week(only 3 1/2 trading days) where the SOX was down 4 percent.

Message 22605175

The last 6 weeks the SOX is down 9.2 percent.

Message 22605349

In the last 9 weeks, the Group, SOX, and NASDAQ are down 19, 20 and 9 percent respectively.

- 5/5/06 7/7/06
- CLOSE CLOSE PERCENT
SYMBOL PRICE PRICE CHANGE
FSII 4.99 6.60 32
LTXX 6.15 6.92 13
NVLS* 25.44 23.89 -6
COHU 19.00 16.91 -11
VECO 27.13 23.90 -12
ASML 22.38 19.49 -13
AMAT* 19.05 16.08 -16
LRCX 53.48 44.54 -17
CYMI 54.42 44.80 -18
SMTL 10.70 8.71 -19
KLIC 9.53 7.63 -20
KLAC* 50.39 40.26 -20
BRKS 14.70 11.62 -21
TER* 17.58 13.73 -22
ATMI 29.90 23.15 -23
PLAB 18.96 14.32 -24
WFR 47.56 35.33 -26
MTSN 11.93 8.84 -26
UTEK 21.21 14.82 -30
ASYT 10.55 7.05 -33
PHTN 19.19 12.41 -35
EGLS 4.61 2.96 -36
CMOS 7.19 3.56 -50
TOTALS 506.04 407.52 -19
SOX-X 528.94 423.85 -20
COMPQX2342.57 2130.06 -9
* STOCKS INCLUDED IN SOX INDEX

One of these days, the bottom will be "in", and the stretched rubber band will bounce back. The present bpNDX action of the past few weeks,

Message 22605997

just shows we are not at that point yet, but if past action is any guide, we should be close.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext