SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 296.92+0.1%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (50913)1/21/2011 6:35:18 PM
From: Donald Wennerstrom  Read Replies (2) of 95500
 
Hi Bob, I hope you are right, but we have had a 4.4 percent correction in the SOX this week with only a 4 day week. Next week with 5 days we could easily have another 5.6 correction to the SOX bringing the total to -10 percent, which is thought of as an official correction.

I try not to be a pessimist, but the market has come a long way in the previous 15/16 weeks. Maybe a little more pullback is in order to give many, many entities a little more time to take profits?

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext