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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST

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To: 2MAR$ who wrote (52000)5/2/2011 2:30:50 PM
From: robert b furman  Read Replies (1) of 95541
 
Semi's always frustrate me , in that they ramp at the end of a cycle.

Yet they are such solid balance sheet comapnies - the cyclicality requires it.

Wondering if we are not finishing up a B wave on an ABC running flat(wave 2) with wave 3 yet to begin.

screencast.com

Henry doesn't think so ,but his wave 2 of 3 up correction is only 17 days or so.

His wave 3 ,which he may be counting as over is alao smaller than wave 1 - an unsual event for a 3 of 3.

Time will tell.

Bob
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