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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Return to Sender who wrote (54715)	11/23/2011 1:23:20 PM
From: Jacob Snyder	1 Recommendation Read Replies (1) of 95531

<Advancing Sectors: Health Care +0.2%, Consumer Staples +0.1%> Defensive sectors continue to outperform. The ratio (disc./staples) made a double top in May 2010 and February 2011. One of the clear signs the bull market is getting old, and may be dying: this ratio didn't set new highs, when the S&P500 was setting new bull market highs earlier in 2011. When the market sets new highs, based on the strength of defensive sectors, that isn't bullish.

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