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Technology Stocks : Semi Equipment Analysis
SOXX 283.58+0.3%Nov 25 4:00 PM EST

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To: robert b furman who wrote (88555)6/26/2022 11:28:40 PM
From: Return to Sender  Read Replies (1) of 95471
 
It's pretty simple Bob. No 90% Upside Day yet. No 2 days of 80% Upside in close succession.

The semiconductor index stayed at zero PnF Buy Signals for a couple of trading days. Finally it moves but not fast. 2 buy signals for a few days. In the meantime other areas of the market that see money rolling in because they are seen as less cyclical (More safe) were rising within other indexes at a much more rapid rate.

Of course I could be wrong Bob. I have been wrong many times but calling a bottom is a lot easier than calling a top.

Simple math...

RtS
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