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: Pam who wrote (43095)	1/29/2009 7:54:16 PM
From: Return to Sender	3 Recommendations Read Replies (3) of 95572

How much lower do you think we are going? Are you shorting anything? I don't have any problem with shorting. There is a point though when the market will bottom despite all the gloom and doom. Unfortunately I cannot say this enough; The market will not bottom until financial stocks stop falling. This is not the kind of a chart that says market bottom just yet: Semiconductors on the other hand look better but not great: The fact that the volume is better on up days rather than on down days should be taken into account. We may go lower. We definitely need financial stocks to bottom but poor earnings, low visibility and negative movements by analysts on stock ratings always coincide with cyclical bottoms. RtS

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