Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 276.98

-2.3%

4:00 PM EST

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To: robert b furman who wrote (46821)	2/14/2010 8:14:30 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (2) of 95428

Hi Bob, This next week could well be a "down" pattern. Note that in the chart just shown for the Oct time period, there were 3 down weeks while the bulk of the quarterly earnings were being presented, then the 1 week of a bottoming process, then the 1 week of a nice recovery, but the 6th week was a "downer". The Jan time period has been a "copy" of the 1st 5 weeks of the Oct period, and now we are awaiting the 6th week to unfold. If the copy process holds true for this upcoming week, the result will be a pullback to give us a "red" candle. However, from then on after this coming week, it should be onward and upward for several weeks(7 weeks to be exact) until the next quarter reporting of results.<g> You know, I think we are finally beginning to figure this market out!!LOL Don

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