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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 (39685)7/25/2008 6:42:52 PM
From: Donald Wennerstrom  Read Replies (1) of 95622
 
We can also look at a weekly chart of SMH over this same period. Here we have some volume information as well as price. SMH follows the SOX fairly well as to be expected, but there are some variations. SMH did have a recent peak the week ending on 16 May of 33.28. Today it closed at 27.51, or a drop of 17 percent over the last 10 week period. During this 10 week period, the down volume has been higher than average. The last 4 weeks SMH has been trading in the 28 to 30 area, much as it has for the 1st 3 months of the year. Last year at about this time, SMH was trading in the 38 area so from the close today, SMH is down about 28 percent.

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