Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 283.56

-1.7%

Nov 17 4:00 PM EST

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To: robert b furman who wrote (46818)	2/14/2010 12:24:15 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (2) of 95427

Bob, Yes, the October time frame was almost a carbon copy of the January time frame. When the September quarter closed, there were 3 hard weeks of selling during the 1st part of October this past year. A good place to look at the action is Message 26269496 After looking at that post, an updated weekly chart for the SOX is shown below - a completed cycle of selloff and recovery for the Sep and Dec quarters as documented by the SOX. This is about as close to a carbon copy as you can get. The old adage holds true - "Buy the rumor, sell the news".

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