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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

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To: Return to Sender who wrote (50669)1/7/2011 3:10:56 PM
From: robert b furman1 Recommendation  Read Replies (1) of 95558
 
Hi RtS,

I'm inclined to agree with your analysis.

Note Macd has turned upward.

I'm of the general opinion that Stochastics more often than not will give you a clue on where Macd is going.

In your case Stochastics signaled the uptrend that has now also dveloped in macd.

We'd need to see lower highs in Stochastics as Macd flatlined(as if it was putting in a rollover) before I'd be going short.

I have no positions in either stock.

Bob

Hope that doesn't hurt anyone as I wasn't asked to but in.I value both of you guys and your trades.

I'll go back to sleep now.
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