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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST
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To: Gottfried who wrote (50409)12/18/2010 4:33:13 PM
From: Jacob Snyder1 Recommendation  Read Replies (1) of 95383
 
Bookings peaked in July, and have declined each month since. It doesn't matter if the Fed does QE3, QE4, or QE5, and it doesn't matter what the analysts say: the stocks can't keep going up, if bookings keep declining.

My guess is, bookings decline in 2011, to about the 2005 trough numbers. I doubt we get as low as the 2001 or 2009 trough bookings.
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