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Technology Stocks : Semi Equipment Analysis

SOXX 304.92

-0.1%

Dec 30 4:00 PM EST

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To: Sam who wrote (48231)	6/13/2010 11:53:42 PM
From: Sam	3 Recommendations Read Replies (1) of 95652

Just checked II, found this monthly article: investorsintelligence.com May be useful to check out. Excerpt: Last month we analyzed the buying climaxes. Well, given the sharpness and magnitude of the market correction since then, the survey is now at the other end of the spectrum and we are now counting a high level of selling climaxes. A Weekly Selling Climax occurs when a share makes a new 52-week low but then closes higher for the week. For the final week of May we counted the highest level of selling climaxes since the March 2009 bottom. That reading suggests capitulation following four weeks of falls and implies that the recent lows should mark the crescendo of the market rout that started a month ago.

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