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Technology Stocks : Semi Equipment Analysis

SOXX 299.48

-4.8%

Dec 12 4:00 PM EST

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To: Donald Wennerstrom who wrote (42597)	1/10/2009 12:13:24 PM
From: Donald Wennerstrom	3 Recommendations Read Replies (1) of 95574

This is the 6 week update for the SOX. What a difference a "sliding window" can make sometimes in looking at the bottom line performance numbers. Last week's look was very positive and can be reviewed at, Message 25293726 As an example, last week the DJ and SPX were up 12.3 and 16.5 respectively, this week they are down 2.6 and 0.7 respectively. The other numbers are down "big time" as well. Last week the SOX was up 23.1 percent, this week that has slipped to 8.6 percent. The SOX daily chart shows a 7 week "up channel". The last 5 days show Monday and Tuesday rising quite well, but the last 3 days show a downtrend approaching the bottom side of the channel. Next week will be key in seeing if the pattern can turn around and stay within the channel.

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