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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: pcyhuang who wrote (56103)	4/28/2012 11:51:41 PM
From: Return to Sender	4 Recommendations Read Replies (5) of 95541

It's my belief that while this recovery has been extremely impressive these last 34 months that it is hardly without concerns at this point. We can certainly go on to new highs for the Dow and S&P 500 before it ends but we already seeing fewer and fewer stocks hitting new highs. We are not early in this cyclical recovery. It's closer to the end than the beginning. Anyway, what's so impressive about the recovery in home construction? This chart shows the ITB roughly 1/4 its all time highs. Can it keep going up? Of course but it will probably be another decade or more before it ever hits a new all time high. RtS

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