Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 296.92

+0.1%

Dec 1 4:00 PM EST

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To: FJB who wrote (47823)	5/14/2010 10:14:51 AM
From: The Ox	Read Replies (2) of 95502

fwiw, there is a good chance we see a bounce in the semi's sometime today. The short term selling appears to be overdone but that doesn't mean its over by any stretch of the imagination. The trend has been down since the ramp into earnings during the first part of April. Most of the major semi stocks are down between 10% and 15% in less then 4 weeks. Nothing would surprise me these days and selling into the weekend is very likely...but a few of my indicators suggest we are near a short term reversal. We will see.....

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