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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%Dec 22 4:00 PM EST
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To: Donald Wennerstrom who wrote (39684)7/25/2008 6:29:44 PM
From: Donald Wennerstrom  Read Replies (1) of 95626
 
The SOX has been in a downtrend since the week closing 16 May, a period of 10 weeks. During this 10 week period, the SOX has gone from 421.67 to the closing low today of 337.63, a decline of 20 percent. Starting in the last week of March, an uptrend began that lasted 7 weeks to 16 May. Last year about this time the SOX was in the 500 area. The decrease has been about 32 percent over this period.

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