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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%Nov 6 4:00 PM EST

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To: Gottfried who wrote (71372)2/1/2016 6:50:38 PM
From: Return to Sender4 Recommendations

Recommended By
bull_dozer
Donald Wennerstrom
FJB
Woody_Nickels

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That was absolutely irresponsible reporting by the author of that article Gottfried. What we are looking for people is a 9-1 upside day but...

Not just on the NYSE but also the Nasdaq.

In addition we are looking for not just 9-1 upside volume but 9-1 upside in the number of issues traded.

These kinds of days do not happen often. They are extremely rare. I would be happy to see a couple of 8-1 upside days in close succession but that has yet to happen either.

Why? It's simple...

We are still closer to the recent market top than we are a market bottom.

While we have reached bad enough sentiment for a long term market bottom we simply have not bottomed.

That's my opinion. It may be wrong but at least I am not just trying to justify my belief based on a single incorrect piece of data.

Again JMHO, and I would love to see someone link us to actual 9-1, or even two recent 8-1 upside days that would change my mind.

Go for it! Anyone got a link to that data?

RtS
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