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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: Sam who wrote (45746)11/1/2009 9:10:22 PM
From: Return to Sender2 Recommendations   of 95571
 
Leavitt Brothers Calls Top (at least in the short term):

leavittbrothers.com

My comments below:

Over time the market often develops direct or indirect relationships to a certain indicator, commodity or in this case currency which is the dollar. Market analysts and gurus can always find a way to explain why the market acts as it does.

Does it really matter?

Not to me. There is now, as there has been for quite some time, an inverse relationship between the dollar and the market. Dollar goes up the market goes down and visa versa. This will not continue on forever but it is still what it is for now.

Although the Leavitt Brothers discussion includes a chart of the dollar I think the discussion of under performance of small caps prior to the market top and the increase in volume on the current sell off is much more dependable in the long term of determining a market top.

Thanks for posting all the other useful discussions from Schaeffer's the the like...

;-)

RtS

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