Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (42612)	1/11/2009 4:55:16 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (1) of 95526

RtS, AI does a nice job of analyzing the 3 major indices in terms of support levels and Elliott Wave analysis. The article each week contains a lot of numbers written out during the analysis portion of the article. I thought I would "gather up" all these numbers and put them in a table format to make it a little easier to compare the numbers. In the article, a range of numbers is given for possible peak values of the Wave 4 portion of the Elliott curve which all 3 indices are "completing". These values are shown in the table. Shown in the next column is the present support level for each of the 3 indices. If those levels are broken, the last 2 columns show the expected low/high ranges to the next support levels. The next few weeks, particularly the upcoming week, should be very interesting to watch in terms of possibly breaking any of the support levels, and if so, how far. Thanks very much for posting the AI summary each week. Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next