Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Return to Sender who wrote (40813)	10/11/2008 2:45:21 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (2) of 95572

RtS, Great charts, great analysis. As you point out, when $BPNDX hit 1.00 in 2001, it took another year to reach the bottom in October 2002. However, from the $BPNDX 1.00 point in 2001, the NDX did bounce from that point to almost a double value by the end of year if I read the chart correctly. I have "blown up" that portion of your chart and show it below. With $BPNDX at 1.00, the market is clearly oversold, and if history repeats itself, a good bounce should be forth coming. Don

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