Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 304.92

-0.1%

Dec 30 4:00 PM EST

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To: Sam who wrote (52492)	6/20/2011 11:14:07 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95652

Sam, Listening to the ECRI report was quite informative. Not sure I still understand the nuance of difference between the Weekly Leading Indicators going up and the Annualized growth rate going down, both estimates from the same company, but that's OK. It's somewhat like looking at the market every day and trying to make sense out of movements of different stocks. One thing I did take away from the interview was that the "softness" in the market is expected to continue for many months. Just how many months is "fuzzy", but it is going to be at least through the end of this year. If that prediction is right, we will have more of this short term up and down action with no longer term uptrend for quite some time. Don

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