Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

4:00 PM EST

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To: Kirk © who wrote (38713)	3/24/2008 6:36:51 PM
From: Donald Wennerstrom	Read Replies (2) of 95610

Kirk, that is a very revealing chart sequence. It puts a lot of information on 1 page. I hadn't realized the Put/Call ratio has been so high for so long. It has been in the 1.0 to higher range since the middle of 07. The 40 week moving average has also been above 1.0 for about 9 months now. Talk about the market being negative!! The difference between now and the last major bottom in Oct 02 is striking. Like everyone else, I am just waiting for the BIG rally.:) Don

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