Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 348.51

+5.3%

Feb 6 4:00 PM EST

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To: Gottfried who wrote (40181)	9/15/2008 2:57:31 PM
From: Jacob Snyder	Read Replies (1) of 95891

The worst is over....... The SOX is 1050 points off its all-time highs. Since I can confidently predict there is no more than 300 points downside left, I believe the worst truly is over. If you take SOX 550 (the 2004, 2006, and 2007 highs) as your starting point, and SOX 200 (2002 low) as your "worst case", then we are down 235 points, and have at most 115 further downside.

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