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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: robert b furman who wrote (46460)1/14/2010 5:09:48 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (2) of 95530
 
INTC had very good news, no question about that. Hopefully it will carry forward, not only to the next quarter, but for the other companies reporting this past quarter's results as well.

However, IMO good reports are needed because the market has come a long way since the bottom last March. At some point, and I am not predicting when that will be, "blowout reports" will result in the stock(s) starting on the downward trail. I don't think we are there yet, but it will come just as sure as the sun rises every morning. There are many cases in the 2000 to 2002 area where reporting of RECORD earnings resulted in drops of 10 percent or more the next day in the stock price.

Don
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