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Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

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To: Kirk © who wrote (32534)	9/11/2006 5:46:28 PM
From: Return to Sender	Read Replies (1) of 95616

I'll make it simple for you because I'll answer the questions. What is the average decline for the S&P 500 to a cyclical bottom since 1942 through 2002? 26.4% according to the table provided at the following link: gbr.pepperdine.edu Even in 1994 the S&P 500 declined 9% to its cyclical bottom. Have we got anywhere near a 26.4% decline in the S&P 500 in the last year? Of course not! How about even a 9% decline? You know it has not happened yet. I guess it may never happen again. <vbg> RtS

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