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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

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To: Donald Wennerstrom who wrote (53145)8/8/2011 7:56:31 PM
From: Sam  Read Replies (2) of 95616
 
It really didn't make any difference. There is still no correlation between earnings, actuals or estimates, and price changes.

Is that a surprise? This is an emotional market. Well, the market always has an emotional component, but (ahem), "this time is different." At least, different from the way the market is maybe 95% of the time (pulling that % number out of my butt, but you get the idea). The emotional component is overriding pretty much everything else. Sometimes that happens on the downside, sometimes on the upside. Personally, I like it better when it happens on the upside, but.... I don't really have much say in it, lol.
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