Semi Equipment Analysis Message Board

STOCKTALK

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 297.50

-2.6%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (54045)	10/3/2011 3:59:39 PM
From: The Ox	Read Replies (1) of 95378

During these past few months, we've seen a number of 3 plus-day drops in the S+P. Today makes 4 straight days down hard and we saw a 6 days drop a few sessions before we hit the previous bottom at 1101, the area we are testing today. I can see this index falling as low as 950ish and it also wouldn't surprise me if we were to see a rebound start about right here. If I had to, I would guess we get another hard down tomorrow morning, a short rebound and then the hard sell again tomorrow right around lunch time- 12pm eastern time. Then the question is to see if we get buyers late in the day, or if we need more selling to get a short term climax.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next