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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Donald Wennerstrom who wrote (50489)12/22/2010 4:47:29 PM
From: Return to Sender1 Recommendation   of 95572
 
Don, we have come a long way since I first joined this thread.

All that I have been pointing out lately is that we have been overbought with weakening market breadth at a time when sentiment is overly bullish.

The market has been ripe for some profit taking but volume has been so thin that there has been little to none.

Next year should be another trading year indeed in my opinion.

The trend remains up, until proven otherwise, and so far there is not enough conviction in the form of shares being traded to suggest that the uptrend is in danger of changing by anything other than some short term profit taking.

Until then...

Hindenburg, Bulls and where's the Bears? ;-)

JMHO, RtS
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